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AI stock frenzy drives record revenue at Morgan Stanley, capping big bank earnings blowout - Yahoo Finance

AI stock frenzy drives record revenue at Morgan Stanley, capping big bank earnings blowout - Yahoo Finance

Morgan Stanley reports several record highs in its second quarter results.

An AI-powered trading and dealmaking binge boosted profits 58% at Morgan Stanley (MS) in the second quarter. On Wednesday, the Wall Street bank reported net income of $5.58 billion, or $3.46 per sha… [+2578 chars]

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