Morgan Stanley downgraded Affirm from Overweight to Equalweight on June 25, citing rate policy pressures on consumer lending names.

The entities involved

• Morgan Stanley →

  U.S. investment bank

  • Financial firms including Morgan Stanley, Truist Financial, Jefferies Financial Group, and CIBC issued rating and price objective updates for Clearway Energy.Mon 17:33
  • Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are competing in the global investment banking sector.Mon 17:24
• Affirm →

  U.S. financial services company

  • Affirm is expanding internationally into new markets and strengthening its partnerships with major retailers like Costco and Shopify.Sun 14:36
  • Google Pay, Affirm, and Stripe have expanded their partnership to integrate Buy Now Pay Later (BNPL) options into Stripe Terminal.Sun 05:43
• FED →

  business

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16

Related events

• Morgan Stanley downgraded Smith & Nephew's stock rating from overweight to equal weight on September 3, 2026.Sep 3
• Morgan Stanley lowered its rating for CAE Inc from equal weight to underweight on August 27, 2026.Aug 27
• Morgan Stanley downgraded Baidu stock to underweight from equal-weight on August 19, 2026, following the company missing Q2 earnings expectations.Aug 19
• Morgan Stanley reaffirmed an overweight rating on AbbVie, and Barclays raised its price objective on September 10, 2026.Sep 10
• Morgan Stanley downgraded Peloton to Underweight and lowered its price target, citing structural headwinds.Sep 8