Morgan Stanley Says GenAI’s Momentum Could Lift These 2 Stocks Higher
Sun, Dec 22, 2024 6:23 PM

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

A Flip by Shubhangi Gupta
Get it on Google Play
In the last couple of years, AI tech 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. Morgan Stanley analysts identify two AI stocks, 📌Salesforce and 📌Elastic, as prime candidates.

More great flips

Stocks to Watch: Vedanta, NHPC, Reliance Industries, and more

Stocks to Watch: Vedanta, NHPC, Reliance Industries, and more

📌Vedanta revised its demerger plan, opting to retain its base metals business within the parent entity following lender feedback. 📌NHPC signed a ₹5,500-cr MoU with Bihar to develop 1,000 MW solar and green hydrogen projects. 📌CCI approved UltraTech’s ₹3,954-cr acquisition of a 32.72% stake in India Cements. 📌HCC divested its stake in Steiner AG to m3 Immobilier.

Open Flip
GST at 18 pc on used EV car sale by business; ATF stays out of its ambit

GST at 18 pc on used EV car sale by business; ATF stays out of its ambit

The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the ’one-nation-one-tax’ regime. The GST Council in its 55th meeting also decided to clarify on taxability of popcorn, saying caramelised popcorn will continue to attract tax at the rate of 18 per cent.

Open Flip
Waaree Energies begins trial production at US solar module plant

Waaree Energies begins trial production at US solar module plant

Waaree Energies on Friday said its wholly-owned subsidiary Waaree Solar Americas Inc. has started trial production of solar modules at its manufacturing facility in the US. The first phase is of 1.6 GW solar module manufacturing capacity. Homegrown Waaree Energies is the first Indian renewable energy company to establish a PV module manufacturing facility in Brookshire, Texas, United States.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon