MORGAN STANLEY: Executives say IT budgets are growing in 2019 and Amazon, Salesforce and Microsoft are set to win big (MSFT, AMZN, CRM)
Friday, 11 January 2019 () · IT budgets are still growing, according to a Morgan Stanley survey of chief information officers in the US and Europe.
· CIOs in the US expect their budgets to grow 5.5% in 2019. That's up from 5.3% in 2018.
· The big winner will be software, according to the report, where spending is expected to grow the most.
According to Business Insider, Nine US financial services companies will launch a new equities exchange, dubbed Members Exchange (MEMX). The exchange will be owned by its founding members: Bank of America Merrill Lynch, Fidelity Investments, Morgan Stanley, UBS, Charles Schwab, TD Ameritrade, Virtu...
According to Reuters, Wall Street’s main indexes fought back from a weak start to hover near one-month highs on Thursday, as gains in healthcare and consumer discretionary stocks offset losses in the..
Are you ready for earnings season? The banks will kick it all off. Bank of America Looks Like It Will Hold Support and Make a Recovery Rally Citibank is set to announce earnings Monday, Jan. 14. Walls..
Morgan Stanley released a research note this morning, in which thy reiterated their overweight rating on Microsoft . One of the key takeaways from the note, titled, "CIO Survey Gives Confidence Secular..