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Morgan Stanley flags improving earnings outlook for AI adopters

The firm says earnings estimates have begun to rise for artificial intelligence adopters, supporting expectations for stock gains.

Reported · Written up by our desk · Sectors

Morgan Stanley argues that the next potential stock-market leaders are emerging among companies that are adopting artificial intelligence, as the earnings picture improves, according to MarketWatch.

The outlet reports that analysts are starting to lift earnings estimates for AI adopters, and that these changes could translate into upside for their shares.

MarketWatch also notes that Morgan Stanley expects stocks tied to AI adoption to be positioned for a breakout as estimates continue to firm.

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