Trendi

Alibaba Breaks, Morgan Studley, and the Influencer Economy


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Alibaba's stock rose 14% last week on the news the company is splitting into six business units. We anticipate this trend to rise in the future.


Morgan Stanley has a larger wealth management business than Goldman Sachs and has been expanding its investment banking and trading operations. According to the latest available financial data, in 2021, Morgan Stanley's total revenue was $57.07 billion, while Goldman Sachs' total revenue was $46.03 billion.


The influencer economy has been growing rapidly in recent years, with Statista reporting that the industry was valued at $13.8 billion in 2021, up from $6.5 billion in 2019. Brands are increasingly partnering with influencers to reach younger audiences and promote their products and services through social media platforms.


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TrendiBy Chase Baker