12:00 PM EDT, 05/30/2024 (MT Newswires) -- HP (HPQ) remains a positively skewed way to play a recovery in the personal computer market, Morgan Stanley said in a note Thursday. PCs are now experiencing year-on-year growth, but [p]rint stabilization remains the final hurdle to a more material stock re-rating, Morgan Stanley said. The company beat Morgan Stanley's Q2 revenue expectations...

NEW YORK, May 30 (Reuters) - Bank of America ( BAC ) CEO Brian Moynihan said on Thursday investment banking fees are expected to rise 10% to 15% in the second quarter from a year earlier. Trading revenue is expected to grow at a low single-digit percentage in the current quarter, with a strong performance in equities offset by broadly...

12:00 PM EDT, 05/30/2024 (MT Newswires) -- Salesforce's ( CRM ) weak Q1 bookings performance continues to test investor patients and is now becoming a point of competitive concern, Morgan Stanley said in a note on Thursday. Demand trends in Q1 returned to the overall sluggish environment that has persisted over the past two years -- longer deal cycles, increased...

12:01 PM EDT, 05/30/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph) Best Buy ( BBY ) shares rose 11% in recent trading Thursday after the company posted fiscal Q1 earnings that topped estimates by analysts. Non-GAAP earnings rose to $1.20 per diluted share from $1.15 a year earlier, the company said Thursday. Analysts...