Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
Morgan Stanley (NYSE:MS) stock has reached a significant milestone, hitting an all-time high of 142.04 USD. The financial giant, now commanding a market capitalization of $227 billion, demonstrates robust financial health with an overall "GOOD" rating according to InvestingPro analysis. This achievement marks a notable moment for the financial services giant, reflecting a robust performance over the past year. The stock’s impressive ascent is underscored by a substantial 46% return over the past year, supported by an impressive 11-year streak of dividend increases and a current yield of 2.6%. As Morgan Stanley continues to navigate the evolving financial landscape, its stock performance remains a key indicator of its market strength and growth potential. Based on current metrics, InvestingPro analysis suggests the stock is trading near its Fair Value, with 8 additional exclusive insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, Elon Musk’s artificial intelligence company xAI has adjusted the yield on its $5 billion debt offering. The company is now providing a 12.5% yield on $3 billion in bonds, an increase from the previously offered 12% yield. The debt package also includes a $1 billion fixed-rate term loan and a $1 billion term loan B, both with adjusted terms. The changes come as the company seeks to close the deal amid investor concerns about financial stability and other challenges. Meanwhile, xAI has also incorporated Barclays (LON:BARC) Plc, Mitsubishi UFJ (NYSE:MUFG) Financial Group Inc., and UBS Group AG (NYSE:UBS) into its debt deal, joining Morgan Stanley in the financing arrangement. These banks were chosen to maintain relationships that could be beneficial for future funding. In related financial news, Morgan Stanley has announced an increase in its quarterly dividend to $1.00 per share, up from $0.925. The firm also unveiled a $20 billion share repurchase program, set to begin in the third quarter of 2025.
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