AI on the trading floor: Morgan Stanley expands chatbot tools to Wall Street division

Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned.

AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division

Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.

Business - CNBC - October 23

Wall Street Giants to Make $50 Billion Bet on AI and Power Projects

KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.

Tech - The Wall Street Journal - October 30

Wall Street frets over Big Tech’s $200bn AI spending splurge

The four biggest US internet groups this week showed glimpses of benefits but warned of increased spending

Business - Financial Times - November 1

Wall Street frenzy creates $11bn debt market for AI groups buying Nvidia chips

Huge loans for ‘neocloud’ groups raise concern over chipmaker’s dominance of artificial intelligence market

Business - Financial Times - November 4

Morgan Stanley Strikes Deal With Climeworks to Vacuum CO2 From the Atmosphere

The bank is the latest major financial institution to invest in novel tech like carbon removal to fight climate change.

Business - Inc. - October 24

Morgan Stanley grants post-employment perks to former CEO James Gorman

Longtime executive will receive $400,000 a year and access to a car and driver as he transitions out of top roles at bank

Business - Financial Times - October 24

The stock market hasn’t priced in a Trump win, Morgan Stanley strategist says

The chief U.S. stock-market strategist at Morgan Stanley says the fact that financial stocks are rallying has more to do with fundamentals than with the approaching election.

Business - MarketWatch - October 28

Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'

Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.

Business - CNBC - October 29

Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'

RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.

Morgan Stanley is launching an investing index tied to sports leagues

Sports have proven to be an attractive and growing asset class as valuations have skyrocketed over the past decade.

Business - CNBC - October 31

Prudential taps Morgan Stanley’s Chappuis to lead asset management arm

Jacques Chappuis to join as PGIM’s chief executive in May, replacing David Hunt after his 13-year stint

Business - Financial Times - November 8

Morgan Stanley CEO is bullish on stocks, says the U.S. economy is 'outperforming'

Ted Pick said that the U.S. and China have a mutually unified motivation to find solutions that could benefit both economies.

Business - CNBC - 13 hours ago

Google AI chatbot asks user to ‘please die’

Google’s AI chatbot Gemini gave a threatening response to a Michigan college student, telling him to “please die.” The artificial intelligence program and the student, Vidhay Reddy, were engaging ...

Politics - The Hill - 2 days ago

ChatGPT’s AI Search Tool Is Now Available From OpenAI

OpenAI just launched its newest artificial intelligence search experience for ChatGPT. Here’s how to get the AI search update, and WIRED’s initial impressions.

Tech - Wired - October 31

Tariffs: A trade tool that’s losing its mojo

Tariffs, if used judiciously, may help achieve certain policy goals, but in many respects, they are becoming yesterday’s tool.

Politics - The Hill - 4 hours ago

Cubs trade for Morgan, Thaiss; Wisdom DFA'ed

The Cubs acquired reliever Eli Morgan and catcher Matt Thaiss in trades Wednesday and also designated infielder Patrick Wisdom for assignment.

Sports - ESPN - Yesterday

Microsoft brings AI to the farm and factory floor, partnering with industry giants

Microsoft collaborates with Siemens, Bayer, and Rockwell Automation to launch industry-specific AI models designed to boost efficiency in manufacturing, agriculture, and finance through tailored AI ...

Tech - VentureBeat - November 13

Be mean to me, ChatGPT: People are turning to AI chatbots for 'tough love' and motivation

People are asking ChatGPT for tough love to motivate them to be productive. Here's what a clinical psychologist says about the tactic.

Business - CNBC - October 25

Molly Russell and Brianna Ghey chatbots found on AI site

The foundation set up in Molly's memory said it would cause "further heartache to everyone who knew and loved" her.

The chatbot optimisation game: can we trust AI web searches?

Google and its rivals are increasingly employing AI-generated summaries, but research indicates their results are far from authoritative and open to manipulation. Does aspartame cause cancer? The ...

World - The Guardian - November 3

‘Unrestricted’ AI group Nous Research launches first chatbot

Nous Chat gives users access to its large language model (LLM) Hermes 3-70B, a fine-tuned variant of Meta's Llama 3.1.

Tech - VentureBeat - November 7

Forget the Nanny, Check the Chatbot. AI May Soon Help With Parenting

The AI revolution means new startups can address some unexpected markets, like easing the challenges of caring for kids.

Business - Inc. - November 8

McDonald's, Boeing experience Wall Street struggles

It's been a mixed week for stocks amid a flurry of corporate news, including problems for fast food giant McDonald's, as it deals with an E. coli outbreak possibly linked to its Quarter Pounders. ...

Top Wall Street analysts are upbeat on these dividend stocks

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback Energy

Business - CNBC - October 27

Wall Street tribes hunt for election victory

Plus, big loans for companies with Nvidia chips raise concerns over tech giant’s dominance

World - Financial Times - November 5

Wall Street’s Blindspot That Helps Small Investors

Thirty-two percent returns from the $2.4 trillion baby boomer trend?

Business - Inc. - November 12

CNBC's Sorkin: Wall Street spooked by Gaetz nomination

CNBC’s Andrew Ross Sorkin spoke out on President-elect Trump’s nomination of now-former Rep. Matt Gaetz (R-Fla.) for attorney general, saying the decision resulted in a “shift in tone” for Wall ...

Politics - The Hill - 6 days ago

Stocks Fall as Wall Street’s Election Enthusiasm Subsides

The post-election rally has lost steam, with the S&P 500 down 2 percent for the week. But major stock indexes are still up since Election Day.

Business - The New York Times - 6 days ago

The post-election rally should continue — except this one part, says Morgan Stanley’s Mike Wilson

Cyclicals are attractive as the Trump-trade continues, but small-caps may struggle

Business - MarketWatch - November 11

Morgan Stanley finally turns bullish on U.S. stocks as it says the S&P 500 could jump as high as 7,400

Better late than never? Morgan Stanley says it’s now overweight U.S. stocks.

Business - MarketWatch - 3 days ago

Goldman channels ‘Art of the Deal’ as it targets 6,500 for S&P 500 next year

Goldman Sachs has come out with its 2025 playbook for the stock market.

Business - MarketWatch - 2 days ago

How Morgan Stanley Stepped Up its Courtship of Near-IPO Employees as Wealthy Clients

The investment bank signed an agreement with Carta, a shareholder management company for startups, which estimates about 2,000 of its clients are at companies likely to go public.

Business - Inc. - 2 days ago

Trump tariffs to push down U.S. growth 'a great deal' going into 2026, Morgan Stanley warns

Donald Trump's proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley's chief global economist Seth Carpenter.

Business - CNBC - Yesterday

Here’s How LinkedIn Changed the Job Recruitment Game With a New AI Tool

AI agents may be the next big thing in tech, because they can perform work tasks as well as just chat. Will they end up taking people’s jobs? LinkedIn’s new system offers a hint.

Business - Inc. - October 30

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