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Anthropic top executive said open-source AI models pose higher risk.
2026-10-14
Anthropic top executive said open-source AI models pose higher risk.
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2026-10-14
International Monetary Fund Managing Director: Calls for targeted support for the most vulnerable groups.
International Monetary Fund Managing Director: Calls for targeted support for the most vulnerable groups.
2026-10-14
Morgan Stanley reported third-quarter profit growth as equities trading revenue jumped to $5.8 billion versus $4.9 billion expected, and its wealth-management business posted a record $232 billion of net new assets. The firm said roughly half of the
Morgan Stanley reported third-quarter profit growth as equities trading revenue jumped to $5.8 billion versus $4.9 billion expected, and its wealth-management business posted a record $232 billion of net new assets. The firm said roughly half of the net inflows were linked to IPO activity. Morgan Stanley’s investment-banking teams participated in several large listings this year, including SpaceX’s IPO; SpaceX is also a client of the firm’s employee services unit, which provides equity-compensation, retirement and other employees benefits. Management has shifted toward wealth management since the 2008 financial crisis, and a series of acquisitions has expanded the division’s assets under management to $8.4 trillion.
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