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Elon Musk has quite the career history, manning an assortment of projects, from electrical vehicle building to space rocket launching. And now he adds owning a Los Angeles diner to the list. The Tesla Diner and Drive In, a retro restaurant offering futuristic design and 24-hour service, opened on July 21 in West Hollywood. The 80 charging stalls feature large movie screens, while the popcorn and other menu items are served to customers via robots. The new establishment was highly anticipated and has certainly drawn crowds. However, three-hour wait times and limited menu items have also drawn criticism. And those expecting a decent meal may want to look elsewhere, as visitors say the diner offers high concept entertainment versus a culinary experience. In addition to the above, Musk also bought Twitter for $44 billion back in 2022. Musk funded the acquisition by selling Tesla stock (NASDAQ: TSLA) and taking $13 billion in loans underwritten mostly by Morgan Stanley (NYSE: MS), Bank of A
Zacks.com users have recently been watching Morgan Stanley (MS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Starbucks CEO is accelerating the rollout of its new operating model: Morgan Stanley's Brian Harbour
Brian Harbour, Morgan Stanley U.S. restaurants and food distributors equity analyst, joins 'Squawk Box' to break down Starbucks' quarterly earnings results, status of the coffee chains' turnaround plan, competition from Luckin Coffee, and more.
Banking giant Morgan Stanley (NYSE: MS) has issued an aggressive forecast for the S&P 500, projecting the index to reach 7,200 by mid-2026.
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Morgan Stanley is reportedly facing a regulatory investigation into its money laundering prevention measures. The Financial Industry Regulatory Authority (FINRA) has launched a probe into whether the investment banking giant property vetted customers for money laundering risks, The Wall Street Journal (WSJ) reported Tuesday (July 22) evening.
The U.S. Financial Industry Regulatory Authority (FINRA) is investigating Morgan Stanley over how the firm screened clients for money-laundering risks, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
A probe by Finra, Wall Street's self-regulator, spans the wealth unit as well as the division that houses trading.
Morgan Stanley (MS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.