
Morgan Stanley's Shalett Identifies Opportunity in Stock Selection Amidst AI Market Setbacks
In a recent statement that has sparked considerable interest in the investment community, Michael Shalett, the Chief Investment Strategist at Morgan Stanley, has underscored a pivotal moment for stock picking, especially as concerns rise over unfulfilled expectations within the artificial intelligence sector. With several high-profile AI stocks experiencing a downturn, Shalett believes this could present a ripe opportunity for discerning investors to strategically select winning stocks in a market which, until recently, seemed dominated by algorithm-driven investing.
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OpenAI Urges US Allies to Unite on AI Strategy to Compete with China
In a strategic move to reinforce its global technological positioning, OpenAI has called upon the United States and its allies to collaborate more closely in the development and regulation of artificial intelligence (AI). This proactive stance stems from growing concerns about China’s advancements in AI technology and the potential implications for international competitiveness and security.
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