Morgan Stanley News

By Davit Kirakosyan

Check out the companies making headlines in premarket trading Monday.

Tesla, already the world's most valuable automaker, started production of the supercomputer to train artificial intelligence (AI) models for self-driving cars in July and plans to spend more than $1 billion on Dojo through next year.

Morgan Stanley has pushed back against Treasury bears, saying investors should buy US sovereign debt as markets may be too optimistic over the prospect of a soft-landing for the economy.

Tesla (NASDAQ:TSLA) stock can surge thanks to its Dojo Supercomputer says Morgan Stanley analysts after upgrading the rating to Overweight from Equal Weight.

Investing.com — Shares of Alibaba Group (HK:9988) (NYSE:BABA) slumped in Hong Kong trade on Monday after the e-commerce giant said that outgoing chief executive Daniel Zhang will also step down as the head of its cloud unit.

Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster adoption of robotaxis and network services, according to Morgan Stanley.

Tesla's supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an «asymmetric advantage» and boost its market capitalization by nearly $600 billion, or 76%, Morgan Stanley estimated. Tesla started production of Dojo in July and plans to spend more than $1 billion through next year.

There’s a dog fight brewing at up-for-grabs veterinary chain VetPartners.

Sanjiv Bhasin, Director, IIFL Securities, says “Mr Vaidyanathan, according to me, is the best banker in India. I see no letup in this stock. Yes, it is an expensive stock. It has run up far in excess but who is to blame? There was so much under-ownership and IDFC First is headed higher. Bhasin also says that “Page Industries is a must-have. It is one of the best consumer stocks. Wait for declines to add some. Also, Indian Hotel or a Devyani or a United Spirits cannot be rebuilt.”IDFC First Bank has managed to outperform its other banking peers but do you think most of the rally is over and it is time to switch into other names?For the last two years, I was advocating this stock at Rs 30-35. And there would always be the argument on why should it perform? It was a lending institution and so on. And I only pursued that stock on the basis of Mr Vaidyanathan. Today, there is a sell report or whatever, but Morgan Stanley has been bearish from Rs 30. How will he justify Rs 100? The business is humongous.

By Svea Herbst-Bayliss and Nupur Anand

Investing.com -- Shares in Apple (NASDAQ:AAPL) climbed in early U.S. trading on Friday, paring back some losses from two straight days of declines that wiped around $200 billion off of the tech giant's market value. Media reports suggesting that government officials in China have been barred from using Apple’s iPhone and other foreign-branded mobile devices at work have sparked concerns that Beijing is willing to sideline American companies in favor of Chinese players. China is a crucial market for Apple, with the country accounting for nearly a fifth of its total sales. 

By Shristi Achar A and Amruta Khandekar

In a note to clients Friday, Morgan Stanley analysts assessed the DoJ vs. Google trial and why it matters to both Alphabet (NASDAQ:GOOGL) and Apple (NASDAQ:AAPL).

China's Huawei Technologies has started presales for its high-end Mate 60 Pro+ smartphone, adding to its lineup of devices that have gained attention for the company's resilience against U.S. sanctions.

The recent reports about potential restrictions on government officials using Apple’s iPhones in China have caused a selloff in shares in recent days.

A look at the day ahead in U.S. and global markets from Mike Dolan

Reuters, it is noted that there are indications that this decline may be stabilizing. In August, global website traffic to the ChatGPT website, encompassing both desktop and mobile visits, saw a 3.2% decline, totaling 1.43 billion visits. This followed a roughly 10% reduction in traffic for each of the two preceding months, Reuters reported.

economic activity. GFCF as a percentage of GDP stood at 28.9% in FY22 and at 29.2% in FY23 and is set to rise further, after declining from a high of 35.8% in FY08 through 29.5% in FY19. However, it's not all smooth sailing.

ChatGPT, OpenAI, Reuters reported on Thursday. The bank is testing it with 1,000 financial advisers for some months. The details of the program have not yet been reported.

By Davit Kirakosyan