Newsbreak 3 months ago in AI, AI stock, Around The World, Artifical Intelligence, ChatGPT, edge computing, Markets, MI Exclusive, Misinformation, Morgan Stanley, Tech 0 Category: Morgan Stanley
ChatGPT will keep ‘hallucinating’ wrong answers for years to come and won’t take off until its on your cellphone, Morgan...
Newsbreak 3 months ago in AI, AI stock, Around The World, Artifical Intelligence, ChatGPT, edge computing, Markets, MI Exclusive, Misinformation, Morgan Stanley, Tech 0 ChatGPT. SOPA Images, Contributor/ Getty Images ChatGPT will keep giving occasional wrong answers for a few years, in accordance to Morgan Stanley. The AI bot typically “hallucinates,” which means it generates responses which might be seemingly convincing, however are literally wrong, in accordance to the financial institution. ChatGPT’s and AI’s way ahead is to run the know-how on edge units, together with cellphones, Morgan Stanley…
These 6 CEOs are taking pay cuts to prevent more layoffs and fight tough times as industrywide reductions persist
Newsbreak 4 months ago in Alphabet, Apple, Around The World, Business Visual Features, Careers, Features, Goldman Sachs, Google, Intel, JP Morgan, Microsoft, Morgan Stanley, News, pay cuts, Sundar Pichai, Tim Cook, weekend BI US 0 Apple CEO Tim Cook. Axelle/Bauer-Griffin/FilmMagic Chief executives are more and more opting to take pay cuts off their multi-million annual compensation. The reductions come amid financial hardship throughout industries, main to mass layoffs. Here are 6 CEOs who’ve decreased their salaries, from Tim Cook to David Solomon. Apple CEO Tim Cook Cook at Code in 2022. Jerod Harris/Getty Images for Vox Media Apple CEO Tim…
The massive wave of layoffs is giving tech workers a brutal wake-up call about the reality of work
Newsbreak 4 months ago in Alphabet, Around The World, Careers, Discourse, Economy, Facebook, Finance, Future of Work, Goldman Sachs, Google, Insider Illustration, Job Market, Layoffs, Markets, Meta, Morgan Stanley, Rachel Mendelson, Salesforce, Strategy, Tech Insider, Tech layoffs, Wall Street 0 Layoffs are forcing tech workers to confront a harsh fact: the office is not the same factor as a household. iStock; Rachel Mendelson/Insider Dehumanizing. Gut-wrenching. Slap in the face. Betrayed. Tech workers are utilizing all kinds of emotional phrases to explain the layoff wave that has gripped the trade and turn into the speak of the enterprise world. “I’m shocked and hurt and still processing,”…
The S&P 500 is likely to bottom out early next year in a ‘terrific buying alternative’ for buyers, Morgan Stanley...
Newsbreak 6 months ago in Around The World, Bear Market, bear market 2022, Fed, Inflation, Interest Rates, Investing Outlook, Markets, MI Exclusive, Mike Wilson, Morgan Stanley, morgan stanley mike wilson, Recession, sp500, Stock Market, stock market investing, Stock Market Outlook, stock market prediction, Stocks 0 Mike Wilson, Morgan Stanley’s chief funding officer. Bloomberg TV Morgan Stanley’s Mike Wilson expects the benchmark S&P 500 will bottom out next year. That presents inventory buyers with a “terrific buying opportunity,” the funding chief advised CNBC. US shares have been turbulent this year because the Fed hikes rates of interest to struggle inflation. The S&P 500 will hit a new a low early next…
US stocks edge higher as investors brace for midterm election results
Newsbreak 7 months ago in Around The World, Economy, Goldman Sach, Investing, Markets, MI Exclusive, Midterm elections, Morgan Stanley, Stock market news today, Voting 0 Voters in Midlothian, Va., maintain their ballots as they vote within the Virginia gubernatorial election on November 2, 2021. Midlothian is positioned in Chesterfield County, a key Richmond suburb that supported Republican Glenn Youngkin over Terry McAuliffe. AP Photo/Steve Helber US stocks moved higher Tuesday as polls opened for the 2022 midterm elections. Analysts say a Republican victory would cement expectations of no giant coverage…
Midterms could be a ‘recreation changer’ for stocks – and experts see big upside for the S&P 500 this election...
Newsbreak 6 months ago in 10 things, 10 things opening bell, Around The World, Economy, FundStrat, Goldman Sachs, Markets, Midterms, Morgan Stanley, Newsletter, Stock Market Outlook 0 Good morning, readers. Senior reporter Phil Rosen right here, writing to you from Manhattan. It’s election day in the US, and numerous polls sign that cash is high of thoughts for voters. Americans for months now appear to only care about the economy. Inflation’s at a multi-decade excessive, housing prices are painful to have a look at, and costs at the pump stay stubbornly elevated. …
Investors should look for the bear market to be over in the first quarter of 2023, Morgan Stanley’s Mike Wilson...
Investors could see the bear market end as soon as early next year, according to Morgan Stanley’s Mike Wilson. Despite the outlook for weaker spending around the holidays, stocks can continue to rise, he said. “We think the market will hold up and that will be another positive catalyst,” Wilson told Bloomberg. Investors struggling through a brutal 2022 can look for the bear market to…
Treat Tesla like it’s a Chinese tech stock because of how much profit it’s making there, Morgan Stanley says
Newsbreak 7 months ago in Around The World, China, Chinese tech stocks, Elon Musk, Investing Analysis, Investing Outlook, Investing Strategy, Joe Biden, Markets, MI Exclusive, Morgan Stanley, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Tesla, tesla stock, TSLA, TSLA stock, Xi Jinping 0 Tesla shares will behave like a Chinese-listed tech stock for the next decade, according to Morgan Stanley. Reuters/Bobby Yip Tesla will behave like a Chinese tech stock for the next decade, according to Morgan Stanley. Up to half of the electric carmaker’s profitability comes from sales in China, the bank said. Tesla and Chinese tech stocks have both fallen sharply this year as recession fears…
The S&P 500 has 20% more downside before bottoming, but don’t abandon stocks as these 3 sectors show promise, Morgan...
Newsbreak 7 months ago in Around The World, Markets, MI Exclusive, Morgan Stanley, News, Outlook, S&P 500, Stock Market Outlook, Stocks 0 Following a glut of IPOs in 2021, broader market and economic uncertainty has led to a 2022 tech IPO hiatus. iStock/Getty Images The S&P 500 still has room fall and could bottom between 3,000 and 3,200, according to Morgan Stanley’s Mike Wilson. But that doesn’t mean investors should give on stocks as certain sectors look promising, he told Bloomberg TV. He listed semiconductors, consumer discretionary…
The S&P 500 has 20% more downside before bottoming, but don’t abandon stocks as these 3 sectors show promise, Morgan...
Newsbreak 7 months ago in Around The World, Markets, MI Exclusive, Morgan Stanley, News, Outlook, S&P 500, Stock Market Outlook, Stocks 0 Following a glut of IPOs in 2021, broader market and economic uncertainty has led to a 2022 tech IPO hiatus. iStock/Getty Images The S&P 500 still has room fall and could bottom between 3,000 and 3,200, according to Morgan Stanley’s Mike Wilson. But that doesn’t mean investors should give on stocks as certain sectors look promising, he told Bloomberg TV. He listed semiconductors, consumer discretionary…