Morgan Stanley, the esteemed investment firm, has meticulously outlined a roadmap of 13 potential catalysts for the latter half of 2023 that are set to shape the realm of Artificial Intelligence. This visionary projection encompasses a spectrum of events, with luminaries such as Google (GOOG:NSD) (GOOGL:NSD) and Amazon (AMZN:NSD) prominently in the Morgan Stanley stock picks’ spotlight.
Navigating AI Terrain: Potential and Risks
In a meticulously crafted investor note, Morgan Stanley underscores the significance of these impending catalysts. They serve as barometers that could potentially unravel a deeper understanding of each company’s AI prospects and vulnerabilities. Following are the Morgan Stanley stock picks for later 2023:
1. Google Cloud Next: Pioneering the Trail
The journey commences with Google Cloud Next, a rendezvous slated for August 29. Here, the analysts anticipate the revelation of novel AI offerings tailored for the Google Cloud Platform. The event promises not just technological insights, but also a quantification of the swelling interest in AI among customers. Moreover, the stage might witness the emergence of new or expanded partnerships in the AI domain, potentially even marking the general availability of Nvidia’s (NVDA:NSD) H100 GPU.
2. Google’s AI Symphony Continues
The Google saga weaves further, with two subsequent AI catalysts. The first is the eagerly awaited release of the Gemini Model, a development that could harmonize seamlessly with Bard and the company’s generative search experience before the year’s end. The second promises the general availability of the search generative experience, further solidifying Google’s foray into the AI terrain.
3. Pinterest’s AI Tapestry Unfolds
Pinterest (PINS:NYE) takes center stage with its investor day set for September 19. The spotlight will shine on the strategic deployment of AI investments, poised to catalyze durable engagement and enhanced monetization growth for the company in the upcoming year.
4. Meta Platforms: AI Frontier Beckons
Meta Platforms (META:NSD) steps forth with a twin AI spectacle. The September 27 Meta Connect event pledges fresh user-centric AI tools. The prospects include immersive language model chat experiences and a potential array of tools for developers, creators, and advertisers. The narrative extends to the intriguing realm of LLaMA and the AI Sandbox, revealing Meta’s learnings and marketplace dynamics.
5. Snap’s ROI on AI: Awaiting the Verdict
Snap (SNAP:NSD) unveils its third-quarter results in late October, prompting questions about the fruits of its AI investments amidst market competition. The spotlight hovers over CEO Evan Spiegel’s strategies, wondering if the company is set to reap AI-driven returns.
6. Roblox: Crafting AI-Laden Realms
November 15 hosts Roblox’s (RBLX:NYE) investor day, a canvas to showcase innovative AI tools. These tools span AI-generated 3D game content, refined machine translation attributes, advanced content discovery, and robust language-model powered non-playable characters.
7. Unity Software: Pioneering AI in Gaming
Unity Software (U:NYE) takes its bow in November with a resolute AI focus. Content creators are at the heart of this endeavor, as Unity seeks to empower them with AI tools. The marketplace model will receive a hearty push, further shaping the landscape.
8. Amazon’s AI Odyssey Continues:
November 27 welcomes Amazon’s (AMZN:NSD) AWS re:invent conference, brimming with expectations of pioneering AI capabilities and services. Clarity on AWS’s AI strategy and competitive edge is highly anticipated, with the recently unveiled Agentic AI poised to make a distinct mark.
Unveiling the Unseen: AI on the Horizon
A constellation of yet-to-be-dated events carries the promise of AI revelations. The much-anticipated unveiling of Take-Two Interactive’s (TTWO:NSD) Grand Theft Auto 6, Airbnb’s (ABNB:NSD) winter release with potential generative AI integration, and next-gen travel offerings from Booking.com (BKNG:NSD) and Expedia (EXPE:NSD) form the tapestry of AI’s unfolding in late 2023.
As Morgan Stanley presents this meticulously curated roadmap, the stage is set for AI’s transformative prowess to unfurl, with Morgan Stanley stock picks including industry giants poised to lead the narrative and sculpt the future.