$MS

Morgan Stanley Solana Trust (MSOL) filed an SEC Form 8-K — Other Events. Item 8.01 Other Events. On October 30, 2026, Sally Diffley resigned from her position as Chief Financial Officer of Morgan Stanley Investment Management Inc., the delegated sponsor (“Delegated Sponsor”) of Morgan Stanley Solana Trust (the “Trust”). Effective November 4, 2026, Swa

Morgan Stanley Ethereum Trust (MSSE) filed an SEC Form 8-K — Other Events. Item 8.01 Other Events. On October 30, 2026, Sally Diffley resigned from her position as Chief Financial Officer of Morgan Stanley Investment Management Inc., the delegated sponsor (“Delegated Sponsor”) of Morgan Stanley Ethereum Trust (the “Trust”). Effective November 4, 2026, S

Morgan Stanley Bitcoin Trust (MSBT) filed an SEC Form 8-K — Other Events. Item 8.01 Other Events. On October 30, 2026, Sally Diffley resigned from her position as Chief Financial Officer of Morgan Stanley Investment Management Inc., the delegated sponsor (“Delegated Sponsor”) of Morgan Stanley Bitcoin Trust (the “Trust”). Effective November 4, 2026, Sw

Morgan Stanley and DTCC launched a tokenization service to convert securities into tokens, aiming to boost liquidity and collateral usage. Chainlink expanded its APAC Equities Streams to cover $40T in Asian markets, providing live prices for companies like TSMC and Tencent. Success depends on sustained trading activity and liquidity.

Morgan Stanley will use DTCC's tokenization service, DTS, to convert US stocks and Treasuries into blockchain-based digital tokens. The bank aims to enhance liquidity and asset utilization. DTS was launched on October 28 and represents securities in tokenized form.

Morgan Stanley reports hedge funds have turned underweight AI-linked stocks for the first time since early 2023, cutting exposure through summer and October selloffs. AI and tech stocks led the retreat, with concerns over AI infrastructure returns. Hedge funds reduced gross leverage, and recent buying was driven by short covering. Investors should monitor AI capex, revenue growth, and hedge-fund positioning.

Morgan Stanley CEO Ted Pick estimates annual AI spending at $1 trillion for several years, comparing it to the 'second or third inning' of a game. He is confident in long-term returns. NVIDIA's revenue is expected to more than double by fiscal 2029, with analysts raising estimates. NVIDIA's forward P/E has fallen to 17x, down from a 30x average. The company's next report and hyperscalers' 2027 budgets are key upcoming events.

UBS Group AG (UBSG) faces a $16bn capital burden due to Swiss rules, potentially forcing a merger or domicile change. Morgan Stanley (MS) is mentioned as a possible partner, with a potential $138bn deal. UBSG shares are down 0.58%, while MS is up 2.3% in pre-market trade. UBSG's CEO has hinted at considering a domicile change. The Swiss Senate will debate banking rules in December 2026, with UBSG's Q4 2026 results expected to provide clarity on any strategic decisions.

Morgan Stanley CEO Ted Pick estimates AI buildout could reach $10T-$15T over the next decade, with only $2T-$3T deployed so far. He predicts this could boost real GDP growth by 50-70 basis points. Oracle faces a lawsuit over its $300B OpenAI deal, while Alphabet's stock dropped 12% after reporting negative free cash flow and high capital spending.

Morgan Stanley CEO Ted Pick estimates AI infrastructure spending will reach $10 trillion to $15 trillion over the next decade, with big tech investing $800 billion to $1 trillion annually. He believes this is only the early stage of a long cycle and could boost U.S. GDP growth by 0.5% to 0.7% annually. The debate continues on whether AI capital spending is overheating and who can recoup costs.