Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Bank of America and more

Check out the companies making headlines before the bell. Morgan Stanley — The bank stock fell more than 2% in premarket trading even after the firm's second-quarter results beat Wall Street estimates thanks to strong performance in trading and investment banking. The bank said profit surged 41% from the year-earlier period, helped by a rebound in Wall Street activity. Revenue rose 12% to $15.02 billion.

Systems — Shares advanced ticked slightly higher after Jefferies upgraded the software engineering services company to buy from hold. The firm cited a valuation and earnings trough and an underappreciated AI opportunity. Dollar Tree — Shares of the discount retailer dipped more than 1% after a downgrade to neutral from overweight at Piper Sandler. The investment firm said that proposals from both the Joe Biden and Donald Trump campaigns would be damaging for Dollar Tree.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are Morgan Stanley's 3 stocks to own to play the autonomous driving themeHere are Morgan Stanley's 3 stocks to own to play the autonomous driving theme
Source: Investingcom - 🏆 450. / 53 Read more »

'Excellent buying opportunities': Morgan Stanley's Slimmon names 3 stocks he likes right now'I'm actually encouraged by the action,' Morgan Stanley Investment Management's Andrew Slimmon said of the S&P 500's recent movements.
Source: CNBC - 🏆 12. / 72 Read more »

Morgan Stanley says memory stocks are set for 'new highs' and names its top picksMorgan Stanley analysts say they are expecting the computer memory sector to hit new highs over the rest of 2024, despite investors 'generally' not being comfortable buying such stocks at such lofty prices.
Source: CNBC - 🏆 12. / 72 Read more »

Morgan Stanley picks global stocks to play a $50 billion AI boom. Analysts give two over 20% upsideMorgan Stanley names Asian stocks to buy as 'data centers ramp up' in the region.
Source: CNBC - 🏆 12. / 72 Read more »

Looking for dividend stocks? Here are Morgan Stanley's top Asia picks for the quarterMorgan Stanley has produced a 'conviction list' of dividend stocks in Asia.
Source: CNBC - 🏆 12. / 72 Read more »