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Morgan Stanley Says GenAI’s Momentum Could Lift These 2 Stocks Higher

In the last couple of years, AI technology has become the ‘shiny new thing’ in the business world, the new tech that transforms industries with streamlined workflows, smarter applications, more satisfied customers, increased revenues – essentially, if there’s a challenge, AI is marketed as the solution. From optimizing operations to redefining customer experiences, its potential seems boundless, making it a cornerstone of modern business strategies. The rapid expansion of AI into both the genera

Europe’s Big Stocks Are Shrinking Deeper Into US Megacaps’ Shadow

(Bloomberg) -- A $93 billion plunge in Novo Nordisk A/S shares has provided the latest blow to Europe’s largest listed companies, which have spent another year struggling in vain to match the returns of Wall Street’s biggest stocks.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City to Boost Mobilit