Investment bank Morgan Stanley on Friday reinstated Nvidia as its "top pick" in semiconductor stocks. Nvidia stock rose on the news.

Stronger demand is being offset by an unexpected margin drag

Moore has set his 12-month Nvidia stock price target and named this company his ‘top pick’ in the semiconductor industry.

The $300 target offers roughly 30% upside as Vera begins its production ramp.

Jim Egan, Morgan Stanley U.S. housing strategist and co-head of securitized products strategy, joins CNBC's 'Squawk on the Street' to discuss the state of the housing market.

Jim Egan, Morgan Stanley U.S. housing strategist and co-head of securitized products strategy, joins CNBC's 'Squawk on the Street' to discuss the state of the housing market.

Most stocks are already falling. The question is what happens when the last five join them.

Nvidia (NVDA) is well positioned as the artificial intelligence bottleneck shifts from semiconductor

Nvidia (NVDA) is well positioned as the artificial intelligence bottleneck shifts from semiconductor

Key TakeawaysMorgan Stanley’s Mike Wilson says the share of S&P 500 stocks above their 200-day moving average fell from about 75% to below 50%, and he sees the index falling about 5% to 10% if bond volatility doesn’t settle down. Microsoft, NVIDIA, Meta, Apple, and Alphabet drove 93% of the S&P 500’s gains since July, according to Barron’s, so any index drop will probably run through them.