Tag: Morgan Stanley

. Discover how investors are affected by on-again-off-again debt limit talks in the US. Speaker of the House Kevin McCarthy traveled to the NYSE to urge investors to demand responsible debt limits and sustainable spending. Earnings season is off to a remarkable start, and Goldman Sachs has picked 21 stocks with big dividends and buybacks. The US debt limit has been a frequent issue for Wall Street, and investors are hoping for a feasible solution.

. Elon Musk has taken a leap forward in the field of Artificial Intelligence (AI) with the launch of X.AI. Musk operates as the sole director, while a former Morgan Stanley banker Jared Birchall manages Musk's wealth. With OpenAI, owned by Musk himself, launching the ChatGPTbot late November 2022, competition amongst AI technology is only intensifying. X.AI has the potential to raise the bar in the field of AI while its success still remains to be seen. Will AI be able to stay in control or understand its own technology? Stay tuned to find out!

This article discusses the current contraction phase in the tech sector leading to job losses and its potential effects on tech firms such as Amazon, Google and Apple. It also mentions the cost- cutting strategy followed by Meta and Amazon to remain profitable, and evaluates the post-pandemic startup atmosphere in US. A detailed analysis of CFO Ruth Porat's contributions to Google's success is also highlighted.

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Ruth Porat, CFO of Google, outlines new cost-cutting measures. From reducing food waste & machine utilization to focusing on AI investments, Porat is remaining mindful of her responsibility to Googlers, ensuring efficient use of resources that still delivers high-quality services & amenities.