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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

Bank of America pitches “democratized” innovation behind its AI assistant Erica
The Apex Times

THE APEX TIMES

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Morgan Stanley stock tests near 52-week highs, but analysts debate the risk-reward
The Apex Times

THE APEX TIMES

Business / The Apex Times

Morgan Stanley stock tests near 52-week highs, but analysts debate the risk-reward

Morgan Stanley (NYSE:MS) is trading around $212.66, roughly 7% below its 52-week high near $219.16 after a strong run. A recent market note characterizes the shares as a “Hold,” citing a tug-of-war between valuation, sentiment, and forward return potential.

Jun 12, 12:40 PM EDT
Tesla shares fall after SpaceX begins trading in the market
The Apex Times

THE APEX TIMES

Business / The Apex Times

Tesla shares fall after SpaceX begins trading in the market

Friday’s trading session saw Tesla stock drop as SpaceX entered public markets, drawing attention to how investors may weigh the spotlight on Elon Musk’s other major venture.

Jun 12, 12:40 PM EDT