Morgan Stanley stock fell despite record Q2 earnings and revenue. Here's why shares slipped, what drove profits, and what disappointed investors.

Morgan Stanley is expected to benefit from higher trading and investment banking revenue in the quarter, as rivals JPMorgan Chase and Goldman Sachs have shown.

Morgan Stanley stock fell despite record Q2 earnings and revenue. Here's why shares slipped, what drove profits, and what disappointed investors.

Morgan Stanley tops Q2 2026 estimates with record $21.35B revenue and $3.46 EPS, driven by surging investment banking and equity trading.