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☆ Morgan Stanley's guide to investing in AI as use of the technology spreads
▼ + stars: | 2024-03-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Morgan Stanley is offering up alternative ways to play artificial intelligence beyond the usual tech "enablers" that have come to dominate investor attention. A report issued Tuesday entitled "15 Ways to Play AI" anticipates a "broadening out of the AI theme over the remainder of 2024 and into 2025" and notable AI adoption in areas such as gaming, education and biotechnology. The study, an outgrowth of Morgan Stanley's technology, media and telecom investment conference last week, highlights "the Tech Diffusion theme from all angles and all geographies." Against this backdrop, here are some of Morgan Stanley's top picks as AI broadens out: Several popular technology stocks made the list alongside AI mainstays such as Nvidia , Microsoft and Alphabet . Morgan Stanley included workplace management software company Asana on two of its AI lists, one of companies that are likely to get a productivity boost from AI, and another that highlighted "Global Adopters" of AI.

Persons: Morgan Stanley, Morgan, Edward Stanley, —, Stanley, Morgan Stanley's, Oracle, Asana, Baker Hughes, Prologis, AbbVie Organizations: Microsoft, Meta, Edge, Companies, Nvidia, Apple, Baidu, Palantir Technologies Locations: London, Europe, ASAN

☆ Side hustles could become a $1.4 trillion industry by 2030 thanks to ChatGPT and AI, Morgan Stanley says
▼ + stars: | 2023-09-20 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

ChatGPT could transform side hustles into a $1.4 trillion industry, according to Morgan Stanley. "Multi-earning has evolved into a secular growth theme, with generative AI the differentiator," strategists said. The bank said generative AI will boost gig workers' income by $83 billion, or 21%, in its base-case scenario, and by $300 billion in its bull-case outcome. Insider has previously reported on how gig workers have used OpenAI's intelligent language tool to plan vacations for clients, make pitch decks for startups, and generate marketing articles. This isn't the first time Morgan Stanley has backed AI to fuel trillions of dollars' worth of economic growth.

Persons: Morgan Stanley, Edward Stanley, Leonardo Sousa, ChatGPT Organizations: Service Locations: Wall, Silicon

☆ Morgan Stanley says these firms already know how much money they can make from generative A.I. — and they’re not just tech
▼ + stars: | 2023-08-16 | by ( Lucy Handley | ) www.cnbc.com time to read: +3 min

Analysts at Morgan Stanley named companies that have quantified how much money they can make — or save — from using generative artificial intelligence (AI). While firms like Alphabet , Meta and Microsoft are on Morgan Stanley's list, non-tech companies are also financially benefiting from using generative AI, the bank said. Here's what some of the reporting companies said about how much they're making or saving by using AI or generative AI, according to Morgan Stanley's note. Alphabet said: "Our new generative AI offerings are expanding our total addressable market and winning new customers. We noted 47 quotes from management teams at 2Q23 relating to productivity gains or efficiency in employee training," Morgan Stanley said.

Persons: Morgan Stanley, Morgan, Edward Stanley, Morgan Stanley's, Meta, Intesa Sanpaolo, Comstock, Bruker Organizations: Microsoft, Energy, Health Care, OpenAI, Ceridian, Pharma, AstraZeneca Locations: Swiss

☆ Stock futures climb ahead of a key inflation data week for Wall Street and the kickoff of second-quarter earnings season
▼ + stars: | 2023-07-09 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on June 14, 2023 in Washington, DC. Stock futures ticked up on Sunday evening as investors prepare for a slate of inflation data on Wednesday and Thursday and brace for the start of the second-quarter earnings season. Nasdaq 100 futures climbed 0.01% while S&P 500 futures gained about 0.1%. Stocks are heading into a new week after closing lower on jobs data from ADP and the Labor Department last week. "The reason is negative operating leverage — when cost growth exceeds sales growth, earnings growth takes a steep hit."

Persons: Jerome Powell, Finance behemoths, Wells, Morgan Stanley, Edward Stanley Organizations: Federal Reserve, Federal, Market, Dow Jones, Nasdaq, Labor Department, Finance, Finance behemoths BlackRock, JPMorgan Chase, Citi Locations: Washington , DC, Wells Fargo

☆ Meet the 'Unicorn Hunters': These companies are able to acquire others and still outperform, Morgan Stanley says
▼ + stars: | 2023-06-14 | by ( Alex Harring | ) www.cnbc.com time to read: +7 min

A group of "unicorn hunters" are successfully acquiring companies without upsetting the market, according to Morgan Stanley. With this in mind, Stanley questioned whether unicorn hunting is a smart business strategy, with the stocks recently not rewarded. Spencer Platt | Getty ImagesA group of "unicorn hunters" are successfully acquiring companies without upsetting the market, according to Morgan Stanley. With this in mind, Stanley questioned whether unicorn hunting is a smart business strategy, with the stocks recently not rewarded. With this in mind, Stanley screened for unicorn-hunter companies that have acquired two in the last decade.

Persons: Morgan Stanley, Edward Stanley, Stanley, Johnson, — CNBC's Michael Bloom, Spencer Platt Organizations: Big Tech, Microsoft, Meta, Apple, Johnson, Merck, New York Stock Exchange, Getty

☆ Quite a Tail: A Mouse Has Been Hiding Its Armor All This Time
▼ + stars: | 2023-05-24 | by ( Asher Elbein | ) www.nytimes.com time to read: +1 min

But the spiny mouse’s body is full of secrets. Now, researchers have revealed another surprise in the journal iScience on Wednesday: Their tails are lined with osteoderms, or bony plates, making them only the second group of living mammals known to be equipped with underskin armor like an armadillo. X-rays of the mouse’s tail gave him pause: They reminded him of the lizards he had worked on for his Ph.D. But the only living mammals with known osteoderms were armadillos. “I know enough about osteoderms that it’s a fairly unknown thing for rodents to have them,” Dr. Stanley said.

☆ How to invest in the ChatGPT-driven AI boom: Credit Suisse shares 6 stocks they're labeling as "top picks" as their exposure to AI development opens them up to new revenue streams
▼ + stars: | 2023-03-05 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Badri's price 12-month price target for shares of Microsoft is $285. The analysts said that growing AI use cases will help Taiwan Semiconductor Manufacturing Company and their high performance computing business, which has already doubled since 2016. Credit Suisse's 12-month price target for the stock is $330, which is upside of 16%. Chou has a price target of NT$1,100 for the stock, meaning 13.5% upside. Both Taiwan Semiconductor Manufacturing Company and Baidu are traded on US exchanges, while Accton and Wiwynn are traded in Taiwan.

☆ Britain's new PM is almost a billionaire — with a net worth twice that of King Charles
▼ + stars: | 2022-10-28 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Rishi Sunak and his wife Akshata Murty have an estimated combined wealth of £730 million ($800 million). Dan Kitwood | Getty Images News | Getty ImagesLONDON — Britain's new Prime Minister Rishi Sunak made history as the country's first leader of color and its youngest in recent centuries, taking office aged just 42. He also breaks the record for being the wealthiest-ever occupant of Downing Street — with a fortune estimated to exceed that of King Charles III. A net worth of $844 millionTogether, the couple has an estimated fortune of £730 million ($844 million), according to the Sunday Times Rich List. King Charles III welcomes Rishi Sunak during an audience at Buckingham Palace, London, where he invited the newly elected leader of the Conservative Party to become Prime Minister and form a new government.

☆ UK's Rishi Sunak becomes richest ever occupant of Number 10
▼ + stars: | 2022-10-25 | by ( Alistair Smout | ) www.reuters.com time to read: +5 min

The wealth of Sunak's family puts him above the previous richest prime minister, who according to the Guineas Book of World Records was Edward Stanley. "Rishi Sunak's words will do nothing to reassure struggling people worried sick about the winter ahead," leader of the pro-EU Liberal Democrats Ed Davey said, calling Sunak "out-of touch". The couple faced criticism and public anger in April over Murthy's "non-domiciled" tax status which meant she did not pay tax in Britain on her earnings abroad. "This is the same Rishi Sunak who as Chancellor failed to grow the economy, failed to get a grip on inflation, and failed to help families with the Tory cost of living crisis," Labour deputy leader Angela Rayner said in statement on Monday. "And it's the same Rishi Sunak whose family avoided paying tax in this country before he put up taxes on everyone else."

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