Morgan Stanley prefers Chime over Block's Cash App, according to a recap published on Investing.com.
2 reports, 1 independent
Updated Aug 10
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Morgan Stanley prefers Chime over Block's Cash App, according to a recap published on Investing.com.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Morgan Stanley weighs in on the competition between Chime and Block's Cash App.1 source
MS downgraded Block rating and prefers Chime over Cash App, citing user base limits.1 source
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The entities involved
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Coinbase
American company that operates a cryptocurrency exchange platform
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Morgan Stanley
U.S. investment bank
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Square
textile by unknown artist (1916.1418)
Nothing else this week.
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Coverage
Newest first; wire copies grouped- Investing.comStreet Calls of the Week Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week. InvestingPro subscribers always get first dibs on market-moving AI a
- Investing.comMorgan Stanley cuts Block rating ahead of Q2 earnings Investing.com -- Morgan Stanley downgraded Block to Equal-weight from Overweight ahead of its second-quarter results, citing valuation concerns a