Morgan Stanley's Chief Economist for China, Xing Ziqiang: New-type productivity leads to strong export growth
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Video | Morgan Stanley's Chief U.S. Equity Analyst: Chip Stocks May Correct by Over 30%, But S&P Still Targets 8000 Points by Year-End
On July 6th, Morgan Stanley's chief U.S. equity analyst, Mike Wilson, stated in an interview with Bloomberg that while chip stocks remain core assets in the AI wave, some are severely overbought, and a short-term correction of 30% to 40% is entirely possible. However, he believes this does not signify the end of the U.S. stock market bull run, and the S&P 500 is expected to continue rising as funds rotate into other sectors. He maintains his prediction that the S&P 500 will break through 8000 points by the end of the year, believing that the core logic supporting the market still comes from corporate earnings growth.
Lu Ting, Chief Economist for China at Nomura: China possesses comprehensive development advantages in the field of AI.
According to Mars Finance, Lu Ting, Chief Economist for China at Nomura, shared his latest research findings at a media briefing. Unlike popular concepts in recent years such as blockchain and metaverse, AI represents a truly epoch-making technological revolution with profound implications for the economy and society, providing strong support for China's economy and financial markets. China possesses comprehensive development advantages in the field of AI. Lu Ting explained that relevant research reports show that China currently leads the world in the number of AI patents and also ranks among the top in the number of large-scale models. It is estimated that fixed asset investment related to AI will contribute 0.3 percentage points to GDP growth in 2026. (Cailian Press)
Morgan Stanley’s BlackRock Bitcoin ETF holdings rise 23% in Q2
Morgan Stanley’s reported IBIT holdings rose to 16.5 million shares in Q2, while Ether ETF positions and several crypto-linked stocks also increased.
Morgan Stanley reiterated its "overweight" rating on RKLB and raised its bullish price target to $293.
Odaily Odaily that Morgan Stanley reiterated its "Overweight" rating on Rocket Lab (RKLB) and maintained its target price of $105, but raised its most bullish target price from $185 to $293. Morgan Stanley analysts believe that the acquisition of Iridium will expand Rocket Lab's potential market space and reposition the company as a vertically integrated space platform. While SpaceX has significant scale and cost advantages over Rocket Lab, the latter is moving closer to the former's model.
Wall Street has given SpaceX an "initially bullish" rating, with Morgan Stanley predicting the stock price could rise by as much as 87%.
According to a report by ChainCatcher on July 7th, SpaceX has gained initial support from Wall Street, with global brokerages beginning to rate the rocket and AI company led by Elon Musk and reaching a clear consensus: buy the stock. At least six brokerages, including Morgan Stanley, Goldman Sachs, and UBS, have begun rating the stock with a buy rating, endorsing SpaceX's long-term growth narrative, despite lingering questions surrounding the company's profitability, execution, and valuation. Morgan Stanley has set a target price of $300, one of the highest on Wall Street, implying an 87% upside from Monday's closing price of $160.42. Morgan Stanley projects SpaceX's share price to be $75 in a bear market scenario and $600 in a bull market scenario, with revenue potentially reaching $319 billion by 2030 and $3.3 trillion by 2040.
SpaceX receives its first "buy" ratings from global brokerages, with Morgan Stanley leading the pack with a target price of $300.
PANews reported on July 7th that, according to Jinshi, global brokerages have begun coverage research on Elon Musk's SpaceX (SPCX.O), and a preliminary consensus has been reached on Wall Street: buy the stock. At least six brokerages, including Morgan Stanley, Goldman Sachs, and UBS, have given it a buy rating, expressing optimism about its long-term growth prospects, despite remaining concerns about profitability and valuation. In a report dated July 7th, Morgan Stanley analysts stated, "SpaceX can convert energy into intelligence on a large scale and commercialize it through AI-driven consumer and enterprise solutions." Their target price is $300, currently the highest among Wall Street investment banks, implying an 87% upside from Monday's closing price of $160.42.