In the latest trading session, Morgan Stanley (MS) closed at $93, marking a -0.08% move from the previous day.
(Bloomberg) -- Elon Musk’s time atop Twitter Inc. has been one of turbulence, with mass firings followed by fired workers being asked back, accounts suspended and accounts restored, experiments with paid membership, and celebrities quitting the social network. One person who isn’t giving up on its billionaire owner: the CEO of Morgan Stanley.Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsAn Arizona County’s Refusal to Certify Election Results Could
Morgan Stanley is making modest job cuts worldwide, Chief Executive Officer James Gorman said on Thursday, as sluggish deal markets weigh on Wall Street profits. "Some people are going to be let go," Gorman said at the Reuters NEXT conference, without specifying numbers. "I wouldn't bet against Elon Musk," Gorman said.