Morgan Stanley on Friday downgraded earnings estimates for computer chip equipment maker ASML , the latest brokerage to do so following weakness in the memory chip market and concerns over demand from Chinese chipmakers and Intel .

Morgan Stanley's fee-based revenue structure and AI integration position them to thrive in a lower interest rate environment. See why MS stock is a strong buy.

Czech policymakers are likely to continue with monetary easing and lower the key interest rate by a cumulative 1.5 percentage points to 3% by the end of next year, according to Morgan Stanley.

Morgan Stanley downgraded ASML Holding NV (NASDAQ: ASML) on September 20 by cutting the stock’s rating from Overweight to Equal-weight. The firm also revised its price target for ASML to €800 from €925,

ASML's (ASML) stock fell about 2% premarket on Friday after Morgan Stanley downgraded the shares to Equal-weight from Overweight.