On this episode of Stock Movers:

- Morgan Stanley’s (MS) debt bankers increased revenue 93% in the fourth quarter, by far the biggest jump on Wall Street and capping a record year for that business. The firm’s debt-underwriting revenue came in at $785 million for the last three months of the year, according to a statement Thursday, while analysts were expecting $635 million. That brought total investment-banking fees to $2.41 billion, up 47% from a year ago. The company reported record annual net income.

- Goldman Sachs (GS) blew through expectations for equities-trading revenue, netting an all-time Wall Street record of $4.31 billion in the final three months of last year. That trumps the previous all-time high for any bank, set by Goldman in the second quarter of 2025. The bank also raised its dividend to $4.50 per share, it said in a statement Thursday.

- US-listed shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up, after the chipmaker’s results and forecast were seen as strong underscoring that demand trends related to AI remain robust.

On this episode of Stock Movers: - Morgan Stanley&rsquo;s (MS) debt bankers increased revenue 93% in the fourth quarter, by far the biggest jump on Wall Street and capping a record year for that business. The firm&rsquo;s debt-underwriting revenue came in at $785 million for the last three months of the year, according to a statement Thursday, while analysts were expecting $635 million. That brought total investment-banking fees to $2.41 billion, up 47% from a year ago. The company reported record annual net income. - Goldman Sachs (GS) blew through expectations for equities-trading revenue, netting an all-time Wall Street record of $4.31 billion in the final three months of last year. That trumps the previous all-time high for any bank, set by Goldman in the second quarter of 2025. The bank also raised its dividend to $4.50 per share, it said in a statement Thursday. - US-listed shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up, after the chipmaker&rsquo;s results and forecast were seen as strong underscoring that demand trends related to AI remain robust.

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Stock Movers

Morgan Stanley Tops Investment-Banking Forecast; Goldman Traders Smash Through Record; TSMC Jumps

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