Morgan Stanley Goes Where the Money Is

Morgan Stanley [NYSE:  MS] is acquiring a Canadian firm, Solium Capital, which manages stock-compensation plans for about 3,000 companies.  Collectively, Solium’s clients have a million employees — disproportionately young, and disproportionately employed in high-tech, high-growth startup companies (including, for example, Nextdoor, Sonos, Dropbox, Stripe, and Instacart).  This acquisition makes sense Read more…

With Big Tech Under Fire, Is Tech Still A Key Sector For Investors? 

We Say Yes.  Last week, several major news outlets reported that detailed data harvested from Facebook [NASDAQ:  FB] had been pressed into service by political consultancy firms under questionable circumstances.  The data were harvested by researchers who were abiding by FB’s then-current policies when they collected them.  But observers and Read more…