Thanks, Elon! How X debt sale helped Morgan Stanley's earnings
1. Morgan Stanley's Q1 earnings rose 26% to $4.3 billion. 2. Equities trading revenue surged by 45% to a record $4.1 billion. 3. Sale of loans tied to Musk's X purchase bolstered other revenue. 4. CEO Pick expresses cautious optimism about economic conditions. 5. Morgan Stanley led a $13 billion debt deal for Musk in 2022.