olivLaw · US equity research
Morgan Stanley MS
Security Brokers, Dealers & Flotation Companies · SIC 6211 · Vertical: Security Brokers, Dealers & Flotation Companies (SIC 6211)
Morgan Stanley is a global financial services firm providing investment banking, trading, wealth management and investment management to governments, institutions and individuals. In the third quarter of 2026 it reported net revenues of $20.3 billion and a return on tangible common equity of 22.6%, showing the strength of its integrated model.
At the close of 03 Nov 2026, Morgan Stanley (MS) stock was 186.09 USD (+0.19% on the day), with market capitalisation 292.3 bn USD, P/E 14.9 on diluted EPS of 12.46 USD over the last 12 months, dividend yield 2.15%, beta 1.41, 52-week range 154.37–228.55 USD. Latest reported quarter (Q2 2026): net income of 5.6 bn USD (+57.7% YoY), diluted EPS 3.46 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 46.0
- neutral
- Bollinger (20, 2)
- 177.73 – 192.67
- in the upper half of the band · %B 0.56 · band width 8.1%
- SMA 50 / 200
- 196.94 / 194.29
- mixed trend
- MACD (12, 26, 9)
- -2.62 / -3.80
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −2.2% | −2.0% | −0.2 pp | — |
| 3 months | −14.3% | −2.2% | −12.1 pp | — |
| 6 months | −1.7% | +4.3% | −5.9 pp | — |
| Year to date | +4.8% | +10.6% | −5.7 pp | — |
| 1 year | +13.7% | +10.5% | +3.2 pp | −16.4% |
| 3 years | +144.0% | +73.7% | +70.4 pp | +54.2% |
| 5 years | +86.5% | +61.7% | +24.8 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Depreciation & amortisation | 1.3 bn ≈ | 1.6 bn | 865.0 m | 1.3 bn ≈ | 1.3 bn ≈ | 1.1 bn | 714.0 m | 1.2 bn ≈ |
| Pre-tax income | 4.2 bn | 4.9 bn | 5.5 bn | 4.6 bn | 6.0 bn | 5.8 bn | 7.0 bn | 7.3 bn |
| Income tax | 995.0 m | 1.2 bn | 1.2 bn | 1.0 bn | 1.4 bn | 1.3 bn | 1.4 bn | 1.7 bn |
| Net income | 3.2 bn | 3.7 bn | 4.3 bn | 3.5 bn | 4.6 bn | 4.4 bn | 5.6 bn | 5.6 bn |
| Diluted EPS | 1.88 | 2.31 ≈ | 2.60 | 2.13 | 2.80 | 2.77 ≈ | 3.43 | 3.46 |
| Operating cash flow | -17.3 bn ≈ | 11.8 bn | -24.0 bn | 11.8 bn ≈ | -3.3 bn ≈ | -2.4 bn | -7.1 bn | -2.7 bn ≈ |
| Dividends paid | 1.6 bn ≈ | 1.6 bn | 1.6 bn | 1.6 bn ≈ | 1.7 bn ≈ | 1.7 bn | 1.7 bn | 1.7 bn ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 74 percentile of its own 43-quarter history (min 7.1, median 12.7, max 17.8; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Revenue YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Net income | 8.7 bn | 9.0 bn | 11.0 bn | 15.0 bn | 11.0 bn | 9.1 bn | 13.4 bn | 16.9 bn |
| Net income YoY | +43.2% | +3.4% | +21.6% | +36.7% | −26.6% | −17.6% | +47.4% | +25.9% |
| Diluted EPS | 4.73 | 5.19 | 6.46 | 8.03 | 6.15 | 5.18 | 7.95 | 10.21 |
| Diluted EPS YoY | +54.1% | +9.7% | +24.5% | +24.3% | −23.4% | −15.8% | +53.5% | +28.4% |
| net % | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Free cash flow | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 111.7 bn USD
- Financial debt
- 341.7 bn USD
- Net debt
- 230.0 bn USD
- Equity
- 112.7 bn USD
- Total assets
- 1,420.3 bn USD
- Debt / equity
- 3.03x
- Current ratio
- unavailable
- ROE
- 15.5%
- ROA
- 1.3%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Depreciation & amortisation | 3.8 bn | 4.2 bn | 4.0 bn | 4.3 bn | 5.2 bn | 4.7 bn | SEC (XBRL)· 19 Feb 2026verified |
| Interest expense | 3.8 bn | 1.4 bn | 12.3 bn | 42.1 bn | — | — | SEC (XBRL)· 22 Feb 2024verified |
| Pre-tax income | 14.4 bn | 19.7 bn | 14.1 bn | 11.8 bn | 17.6 bn | 22.0 bn | SEC (XBRL)· 19 Feb 2026verified |
| Income tax | 3.2 bn | 4.5 bn | 2.9 bn | 2.6 bn | 4.1 bn | 4.9 bn | SEC (XBRL)· 19 Feb 2026verified |
| Net income | 11.0 bn | 15.0 bn | 11.0 bn | 9.1 bn | 13.4 bn | 16.9 bn | SEC (XBRL)· 19 Feb 2026verified |
| Diluted EPS | 6.46 | 8.03 | 6.15 | 5.18 | 7.95 | 10.21 | SEC (XBRL)· 19 Feb 2026verified |
| Weighted average diluted shares | 1.6 bn | 1.8 bn | 1.7 bn | 1.6 bn | 1.6 bn | 1.6 bn | SEC (XBRL)· 19 Feb 2026verified |
| Dividend per share | 1.40 | 2.10 | 2.95 | 3.25 | 3.55 | 3.85 | SEC (XBRL)· 19 Feb 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 105.7 bn | 127.7 bn | 128.1 bn | 89.2 bn | 105.4 bn | 111.7 bn | SEC (XBRL)· 19 Feb 2026verified |
| Goodwill | 11.6 bn | 16.8 bn | 16.7 bn | 16.7 bn | 16.7 bn | 16.7 bn | SEC (XBRL)· 19 Feb 2026verified |
| Intangibles (excl. goodwill) | 5.0 bn | 8.4 bn | 7.6 bn | 7.1 bn | 6.5 bn | 6.0 bn | SEC (XBRL)· 19 Feb 2026verified |
| Total assets | 1,115.9 bn | 1,188.1 bn | 1,180.2 bn | 1,193.7 bn | 1,215.1 bn | 1,420.3 bn | SEC (XBRL)· 19 Feb 2026verified |
| Short-term debt | 24.2 bn | — | — | — | — | — | SEC (XBRL)· 24 Feb 2022verified |
| Long-term debt | 213.4 bn | 227.4 bn | 233.9 bn | 260.5 bn | 284.3 bn | 341.7 bn | SEC (XBRL)· 19 Feb 2026verified |
| Total liabilities | 1,012.7 bn | 1,081.5 bn | 1,079.0 bn | 1,093.7 bn | 1,109.6 bn | 1,307.6 bn | SEC (XBRL)· 19 Feb 2026verified |
| Equity | 103.1 bn | 106.6 bn | 101.2 bn | 100.0 bn | 105.4 bn | 112.7 bn | SEC (XBRL)· 19 Feb 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -25.2 bn | 34.0 bn | -6.4 bn | -33.5 bn | 1.4 bn | -17.9 bn | SEC (XBRL)· 19 Feb 2026verified |
| Investing cash flow | -37.9 bn | -49.9 bn | -11.6 bn | -3.1 bn | -29.5 bn | -46.8 bn | SEC (XBRL)· 19 Feb 2026verified |
| Financing cash flow | 83.8 bn | 41.5 bn | 22.7 bn | -2.7 bn | 46.8 bn | 67.8 bn | SEC (XBRL)· 19 Feb 2026verified |
| Dividends paid | 2.7 bn | 4.2 bn | 5.4 bn | 5.8 bn | 6.1 bn | 6.6 bn | SEC (XBRL)· 19 Feb 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 33.3% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
03 Nov 2026Source: olivLaw, closing series
Market cap: 292.3 bn USD
Key indicators
Coverage and freshness
Score by group
33% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 50.59 – 243.27 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · input data missing
- Peers: P/E130.22 – 243.27 (Mid 175.41)17 companies used · median multiple 14.1x · quartiles 10.4x – 19.5xBLK, COHN, ETOR, HOOD, IBKR, JEF, MIAX, MKTX, OPY, PIPR, RJF, SCHW, SEIC, SF, TIGR, VIRT, WT
- Dividend discount (DDM)50.59 – 68.04 (Mid 58.03)
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 33.3% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | unavailable | unavailable | — |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 2.1% | 17 (on a fixed band) | 25% |
| EPS CAGR 3Y · Growth | 9.2% | 61 (on a fixed band) | 25% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | unavailable | unavailable | — |
| P/E (TTM) · Valuation | 14.9x | 53 (vs peers) | 31% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | 2.3% | 33 (on a fixed band) | 19% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partialunavailable · 0/3 factors with a value
- Growth39/100 · 2/2 factors with a value
- Quality· partialunavailable · 0/3 factors with a value
- Returns· partial33/100 · 1/2 factors with a value
- Valuation· partial53/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
MORGAN STANLEY (MS). Latest full fiscal year: 2014; data up to 2026-06-30.
Figures computed from the financial statements: YoY growth 5.5%; ROE 18.0%.
The estimated value range is 90.41–155.65 USD per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 116.72 USD, the price of 186.09 USD leaves a potential of -37.3% (value / price − 1) and a margin of safety of -59.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 33.3% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
- Revenue CAGR 3Y: 2.1%
- The price is above the estimated value range
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): ROIC, Net margin, FCF conversion, Net debt / EBITDA, Interest coverage, Current ratio, EV/EBITDA, FCF yield, Payout ratio (FCF).
Versus the vertical median
Security Brokers, Dealers & Flotation Companies (SIC 6211) · same industry (4-digit SIC) · compared with 29 companies
The size band was not applied: too few companies would have remained; the vertical includes much smaller or larger companies.
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| MSMorgan Stanley | 292.3 bn | 14.9 | 18.0% | — | unavailable | +14% / +144% |
| BLKBlackRock, Inc. | 179.9 bn | 28.0 | 12.3% | 24.1% | +89.3% | +11% / +55% |
| SCHWSchwab Charles Corp | 154.4 bn | 16.1 | 20.3% | 38.8% | +22.0% | −4% / +46% |
| RJFRaymond James Financial, Inc. | 31.1 bn | 14.1 | 18.5% | 13.6% | +6.6% | +3% / +54% |
| SEICSei Investments Company | 12.9 bn | 18.9 | 28.9% | 28.1% | +8.1% | +34% / +85% |
| FRHCFreedom Holding Corp. | 11.9 bn | 73.8 | 11.2% | 6.5% | +9.3% | +42% / +129% |
| JEFJefferies Financial Group Inc. | 10.5 bn | 11.5 | 8.6% | 7.5% | +2.9% | −11% / +44% |
| MKTXMarketaxess Holdings Inc | 5.8 bn | 19.5 | 23.3% | 35.2% | +3.6% | +1% / −31% |
| SFStifel Financial Corp | 5.1 bn | 10.3 | 16.4% | 14.3% | +6.7% | −10% / +79% |
| IBKRInteractive Brokers Group, Inc. | 5.0 bn | 17.1 | 91.3% | 179.4% | +23.4% | +20% / +300% |
| PIPRPiper Sandler Companies | 5.0 bn | 6.0 | 23.6% | 14.5% | +24.3% | −16% / +82% |
| MIAXMiami International Holdings, Inc. | 3.5 bn | 12.5 | 28.9% | 19.8% | +19.6% | −23% / unavailable |
| WTWisdomTree, Inc. | 3.0 bn | 38.2 | 18.7% | 13.3% | +15.4% | +81% / +208% |
| JSMNavient Corporation | 1.5 bn | — | -2.0% | — | −15.6% | −21% / −19% |
| MTCMmtec, Inc. | 534.8 m | — | -272.7% | -6,944.3% | −56.8% | +97% / −42% |
| SIEBSiebert Financial Corp. | 75.2 m | — | -1.3% | -1.1% | +12.3% | −43% / −3% |
| DOMHDominari Holdings Inc. | 39.8 m | — | -315.4% | -51.6% | +487.0% | −65% / −28% |
| LGHLLion Group Holding Ltd. | 34.3 m | — | -27.4% | -52.8% | unavailable | −100% / −100% |
| COHNCohen & Co Inc. | 33.0 m | 1.9 | 33.3% | 5.6% | +246.2% | −33% / +66% |
| AXGSolowin Holdings, Ltd. | 26.5 m | — | -88.9% | -47.4% | +895.0% | −53% / −38% |
| GLXYGalaxy Digital Inc. | 1.4 k | — | -16.7% | -0.5% | +41.8% | −47% / unavailable |
| HOODRobinhood Markets, Inc. | 0 | 40.3 | 21.3% | 39.0% | +51.6% | −32% / +893% |
| VIRTVirtu Financial, Inc. | — | 8.7 | 33.6% | 13.5% | +26.2% | +48% / +195% |
| TIGRUp Fintech Holding Limited | — | 63.7 | 22.6% | 28.0% | +56.3% | −55% / −11% |
| FUTUFutu Holdings Ltd | 0 | 75.9 | 33.3% | 49.6% | +67.8% | −42% / +82% |
1- and 3-year price returns: for MS from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Scenarios are not available. input data missing
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Morgan Stanley is a global financial services firm providing investment banking, trading, wealth management and investment management to governments, institutions and individuals. In the third quarter of 2026 it reported net revenues of $20.3 billion and a return on tangible common equity of 22.6%, showing the strength of its integrated model 2.
SWOT
Strengths
- The integrated platform, linking investment banking, wealth management and investment management, offers diversification and access to a large volume of client assets 12.
- High return on tangible common equity and a solid capital position indicate financial discipline and capacity to invest 2.
- A global presence in many financial centers and a broad workforce give advantages in reputation and client access 1.
Weaknesses
- Trading and investment banking revenues can be volatile, and activity depends on market conditions 2.
- Compliance costs and regulatory restrictions can reduce flexibility in some activities compared with less regulated competitors 1.
- Technology and compensation costs rise with revenues, which could limit margins if growth slows 2.
Opportunities
- Growth in net asset flows in wealth management could expand recurring fee revenues 2.
- Investment banking activity could benefit from a revival of public offerings and mergers if market conditions improve 2.
- New technologies, including tokenization, could create new products for institutional and retail clients 1.
Threats
Risks
- Regulatory riskhigh
The firm is subject to extensive supervision by US and other national authorities, and regulatory changes could alter its business model 1.
- Pricing competition riskmedium
Fee pressure and the emergence of digital competitors could reduce revenues in some segments 1.
- Market and credit riskmedium
Trading revenues and lending may be affected by market volatility and by deterioration in loan quality, as the credit loss provisions in the third quarter illustrate 2.
- Technology and cyber riskmedium
Reliance on complex technology systems and data protection requirements can give rise to operational incidents or additional costs 1.
- Talent risklow
Attracting and retaining skilled staff depends on competitive pay, and personnel costs can rise with revenues 12.
Investment thesis
What would need to be true (bull case)
- If client asset flows in wealth management and investment banking activity keep growing, recurring revenues and returns could remain solid 2.
- The integrated platform, backed by a strong capital position, could let the firm benefit from new opportunities in global markets 12.
- Expense discipline, visible in the reported efficiency ratio, could support margins even in a competitive environment 2.
What would break the thesis
- If competition from digital platforms and technology firms intensifies, price pressure could reduce revenues in some activities 1.
- Trading revenues are sensitive to market conditions, and a period of low volatility could slow activity 2.
- Regulatory changes on capital and liquidity could raise costs and limit flexibility in distributing capital 1.
What to watch
- Development of wealth management revenues and net asset flowsQ4 2026
- Trend in trading and investment banking revenuesQ4 2026
- Changes to bank capital and liquidity rules2027
- Filing of the next resolution plan, due July 20272027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Morgan Stanley describes itself as a global financial services firm that, through its subsidiaries and affiliates, advises, originates, trades, manages and distributes capital for governments, institutions and individuals 1. It is a financial holding company regulated by the Federal Reserve and organizes its activity into three segments: Institutional Securities, Wealth Management and Investment Management 1. The firm is headquartered in and around New York City, with principal offices in London, Frankfurt, Tokyo and Hong Kong 1.
As of 31 December 2025 the group had approximately 83 thousand employees across 42 countries, reflecting the scale of its global operations 1. Its internal culture, described as rigor, humility and partnership, is presented as central to its strategy alongside financial strength and growth 1. If these priorities hold, the firm could keep extending its integrated client platform.
Morgan Stanley is subject to extensive consolidated supervision, including rules on capital, liquidity and resolution planning, which shape its structure and pace of growth 1. Its quarterly communication also emphasizes dividends and share repurchases within these requirements 2.
Segments
Wealth Management
The segment posted record net revenues of $9.1 billion in the third quarter of 2026, drawing on asset management fees, net interest income and transactional revenues 2. Net new assets reached $232.4 billion, with a significant part linked to flows associated with initial public offerings 2.
Market context
Morgan Stanley operates in global financial markets, where competition is intense for clients, market share and human talent 1. Its activity depends on capital market conditions, trading volumes and interest rate levels, and in the third quarter of 2026 revenues from client assets supported results 2.
Assets under management in Investment Management and client assets in wealth management give a sense of the size of the market in which the firm operates 2. Fee competition and the growth of electronic market access are factors that could limit margins over time 1.
Trends
- Electronic trading and automationheadwind
Electronic execution and automated trading platforms put pressure on institutional revenues, and this trend could continue as more markets move to automated systems 1.
- Growth in wealth management assetstailwind
Net asset flows and fees in wealth management rose in the third quarter of 2026, supporting the firm's recurring revenues 2.
- Generative artificial intelligence and tokenizationmixed
New technologies, including generative artificial intelligence and tokenization, could change competition and client technology needs, creating both costs and opportunities 1.
- Changing regulationmixed
Rules for banks and investment firms are under revision, and the exact impact on capital and liquidity remains uncertain 1. If requirements change, compliance costs and capital allocation could be affected.
Competitive position
Morgan Stanley competes with commercial banks, global investment banks, regional banks, broker-dealers, private banks, investment advisers and digital investing platforms 1. Competition is also fueled by emerging firms from the technology sector that offer similar services to retail and institutional clients 1.
Price pressure is most visible in standardized institutional products and in investment funds, where fees are under pressure 1. The firm's ability to access capital at competitive rates, influenced by credit spreads and ratings, remains a key factor 1.
- Global investment banks
Compete with Morgan Stanley for institutional clients, advisory mandates and trading activity, as described in the annual report 1.
- Commercial and regional banks
Offer deposit and lending products that overlap with wealth management and client financing, increasing competition for deposits 1.
- Digital investing platforms
Attract retail clients through low-cost online services, a segment where price competition is intense 1.
- Traditional and alternative asset managers
Compete in investment management, where relative performance and fee levels influence the attraction of funds 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- An overlooked energy source could solve AI’s power crunch — and these 2 stocks are prime playsMarketWatch — Top Stories · 03 Nov 2026 · EN
- Morgan Stanley Offers $2.3 Billion Debt for Dell Family DealBloomberg Markets · 03 Nov 2026 · EN
- Palantir stock is down 8%. Analysts say bookings growth is to blame.MarketWatch — Top Stories · 03 Nov 2026 · EN
- Is AI a Bubble? Wall Street Titans Say Not Even CloseBloomberg Markets · 03 Nov 2026 · EN
- Рынок акций РФ открылся в основную сессию ростом индексов МосБиржи и РТС на 0,5%Interfax Russia (RU) · 03 Nov 2026 · RU
- Индексы S&P 500 и Nasdaq снизились в понедельник, Dow Jones выросInterfax Russia (RU) · 03 Nov 2026 · RU
- Live: Goldman, Morgan Stanley CEOs to Navigate Markets, AI Trades at HK SummitBloomberg Markets · 03 Nov 2026 · EN
- Digest de seară: pierderile Anthropic se adâncesc, Marvell cumpără Lumentum - InvezzSurge — Google News · 02 Nov 2026 · RO
- Coinbase has been battered over the past month. Morgan Stanley says steer clearCNBC — Top News · 02 Nov 2026 · EN
- Stock Bulls Are Betting on a Bounce After the MidtermsBloomberg Markets · 02 Nov 2026 · EN
- The election will be good news, regardless of outcome, says Morgan Stanley’s chief stock-market strategistMarketWatch — Top Stories · 02 Nov 2026 · EN
- Mike Wilson Says Buy Stock Dip Regardless of Who Wins MidtermsBloomberg Markets · 01 Nov 2026 · EN
- Lockheed’s Yearslong F-35 Deal Drives New Morgan Stanley BullBloomberg Markets · 30 Oct 2026 · EN
- Economist Stephen Roach warns the US and China are in a ‘conflicted co-dependency’South China Morning Post — China · 30 Oct 2026 · EN
- Prospectul de listare a Anthropic conține peste 90 de pagini cu factorii de risc – Un incident catastrofal provocat de propriul AI ar genera pagube greu de acoperit de asigurătoriSpotMedia.ro · 28 Oct 2026 · RO
- Prospectul de listare a Anthropic conține peste 90 de pagini cu factorii de risc – Compania avertizează că un incident catastrofal provocat de propriul AI ar genera pagube greu de acoprit de asigurătoriCursDeGuvernare.ro · 27 Oct 2026 · RO
- Wilson Pinpoints Clearing Events as Buying OpportunitiesBloomberg Markets · 27 Oct 2026 · EN
- Anthropic dezvăluie pierderi de 81B $ înaintea IPO-ului planificat - Traders UnionSurge — Google News · 27 Oct 2026 · RO
- Рынок акций РФ открылся в основную сессию ростом индексов МосБиржи и РТС на 0,2%Interfax Russia (RU) · 27 Oct 2026 · RU
- Anthropic files for IPO, reveals soaring revenue, massive net lossesCGTN — World · 27 Oct 2026 · EN
SEC filings
- Current report14 Oct 2026Results of operations · Financial statements and exhibits
- Quarterly report04 Aug 2026
- Current report15 Jul 2026Results of operations · Financial statements and exhibits
- Current report24 Jun 2026Other events · Financial statements and exhibits
- Current report15 May 2026Shareholder vote
- Quarterly report05 May 2026
- Current report15 Apr 2026Results of operations · Financial statements and exhibits
- Proxy statement02 Apr 2026
- Annual report19 Feb 2026
- Current report11 Feb 2026Other events
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Morgan Stanley · 19 Feb 2026
- [2] Form 8-K, results release (exhibit 99.1) · SEC / Morgan Stanley · 14 Oct 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.