Morgan Stanley Stock News

Morgan Stanley is working with Goldman Sachs to explore the sale of its majority stake in German renewable project developer PNE, two people familiar with the matter said, a process that could trigger a bid for the 1.09 billion euros ($1.17 billion) firm.

Morgan Stanley (MS -2.41%) has arguably undergone the most significant transformation among the major Wall Street banks in recent years. Beyond a strategic expansion in wealth management, the bank has embraced technology to enhance profitability.

Spekulationen über die Suche nach einem Käufer für das Aktienpaket von Großaktionär Morgan Stanley US6174464486 haben am Donnerstagabend die PNE DE000A0JBPG2-Papiere auf Tradegate hochgetrieben.

According to the analysts at Goldman Sachs,

In recent weeks, we've seen quite a sell-off in the stock market, with the S&P 500 index briefly entering correction territory on March 13. This downturn has some investors heading to the exits, but it also creates intriguing buying opportunities as some stocks are now trading at discounted levels.

Threats of tariffs and reductions to government spending have the American markets in a shaky position as the S&P 500 pushes into correction territory. Among stocks seeing the hardest hits were financial picks, with companies like Morgan Stanley NYSE: MS and SoFi Technologies NASDAQ: SOFI seeing shares fall up to 12% on Monday alone.

It's not just tech and media workers—and, of course, federal government employees—who are facing job cuts this year. Layoffs have come for Wall Street, too.

Morgan Stanley (MS) is preparing to lay off about 2,000 employees this month to cut costs, according to a Tuesday Bloomberg report.