Morgan Stanley and Goldman Sachs Stocks Rise

Core Insights - Morgan Stanley and Goldman Sachs reported better-than-expected fourth-quarter earnings, leading to share price increases of 4.1% and 2.25%, respectively [1] Morgan Stanley - Morgan Stanley's wealth management unit performed exceptionally well, generating $122 billion in net new assets, which represents a 116% increase compared to the same period last year [1] Goldman Sachs - Goldman Sachs reported fourth-quarter net earnings of $4.62 billion, reflecting a 12% increase from the previous year [1]