Good morning, you're tuned into Markets Desk, and here's where things stand.
Morgan Stanley delivered its quarterly numbers this morning, and the headline is strength across the board. Trading revenue and investment banking both came in strong, consistent with what we saw from JPMorgan and Goldman earlier this week. The results confirm that Wall Street's capital markets engine is running hot, and Morgan Stanley is capturing its share.
Shifting to streaming, Netflix reports Thursday and the pressure is real. The stock has shed more than forty percent over the past year, and investors need more than subscriber growth to get comfortable again. The market wants clarity on monetization, ad-tier traction, and whether the password-sharing crackdown is actually translating into durable revenue. A miss here could accelerate the selloff.
And over at BlackRock, it was a record-setting quarter. Assets under management climbed to fifteen trillion dollars, and the firm is rewarding shareholders by boosting quarterly buybacks to five hundred fifty million dollars. That combination of record scale and capital return sent shares higher and reinforced BlackRock's position as the dominant force in global asset management.
That's the tape. Markets Desk, signing off the floor.
