Morgan Stanley: iPhone X could be the grinch that steals all the money during holiday shopping

There’s been a lot of noise about the iPhone X’s price point. The device is Apple’s most expensive iPhone to date, starting at $999. While the device is widely expected to help Apple increase its iPhone average selling price, a new analyst report from Morgan Stanley’s Kate Huberty explains the effect that the device could have on other markets during the holiday season. Essentially, the … Continue reading Morgan Stanley: iPhone X could be the grinch that steals all the money during holiday shopping

Morgan Stanley sees SpaceX value growing to more than $50 billion

Susana Gonzalez | Bloomberg | Getty Images Elon Musk, CEO for SpaceX, speaks during the International Astronautical Congress in Guadalajara, Mexico, on Sept. 27, 2016. Elon Musk is making rocket launches mundane and that could be worth tens of billions of dollars. SpaceX could become a $50 billion juggernaut through its launch of a satellite broadband network, a team of Morgan Stanley analysts wrote in … Continue reading Morgan Stanley sees SpaceX value growing to more than $50 billion

Wall Street Morgan Stanley investment SpaceX

Space: the final investment opportunity. It sounds like science fiction, but Morgan Stanley is taking it seriously. Elon Musk’s SpaceX is the key company, just as Tesla has been for electric and self-driving cars. But investors should be wary of that story. It was only a matter of time before Wall Start started to take serious note of the Final Frontier. In a sprawling research … Continue reading Wall Street Morgan Stanley investment SpaceX

Tesla Motors: Tesla EV network shows a $2.7 trillion gap, says Morgan Stanley

Bloomberg| Updated: Oct 12, 2017, 01.04 AM IST China will become the largest EV market, accounting for about a third of global infrastructure spending by 2040, according to Morgan Stanley. SAN FRANCISCO: A $2.7 trillion chasm stands between electric vehicles and the infrastructure needed to make them popular. That’s how much Morgan Stanley says must be spent on building the supporting ecosystem for EVs to … Continue reading Tesla Motors: Tesla EV network shows a $2.7 trillion gap, says Morgan Stanley

Symantec: The Growth Just Isn’t There Yet, Says Morgan Stanley

Shares of Symantec (SYMC) get another downgrade today after a big run in the stock this year, with Morgan Stanley’s Keith Weiss cutting his rating on the shares to Equal Weight from Overweight, and trimming his price target to $34, writing that the “next leg” of share price performance depends on revenue growth, which faces some challenges. Symantec shares this morning are down 91 cents, or 2.8%, … Continue reading Symantec: The Growth Just Isn’t There Yet, Says Morgan Stanley