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Morgan Stanley delivered an spectacular quarter, no matter gathering macroeconomic clouds

The Morgan Stanley headquarters building is seen on January 17, 2023 in Fresh York Metropolis.

Michael M. Santiago | Getty Images

Membership preserving Morgan Stanley (MS) reported better-than-expected first-quarter results on Wednesday, at the same time as the stock came below stress as a result of rising expenses. But the implications, including stellar non-ardour earnings, were spectacular in a tough financial ambiance.

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