Morgan Stanley Has Long-Term Confidence In EMC Corporation - Global X Funds Global X Emerging Markets Great Consumer ETF (ARCA:EMC)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

In a report published Friday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

EMC Corporation

(NYSE: EMC).In the report, Morgan Stanley noted, “EMC Chairman and CEO, Joe Tucci, along with the three CEOs of EMC's Federation (David Goulden - CFO and CEO of EMC II, Pat Gelsinger - CEO of VMware, and Paul Maritz - CEO of Pivotal) expressed several reasons the companies are better together during our recent meeting. 1) The well aligned and integrated strategy creates a stronger go-to-market capability that more effectively addresses customer needs. 2) The products are largely complementary and customers are asking for more, not less integration. 3) The scale and strong balance sheet of the combined business allows for a longer-term investment horizon to build critical technologies that enhance the value proposition (i.e. Pivotal).”EMC Corporation closed on Thursday at $29.05.