AI Adoption Is Finally Showing Up in Fundamentals

Michelle Weaver, head of US thematic research at Morgan Stanley, says companies are beginning to see measurable benefits from AI as adoption moves from experimentation into production. About 25% of S&P 500 companies are now quantifying benefits from AI, up from 14% a year ago, with AI adopters also seeing relative forward margin expansion. “You’re starting to see this come into the fundamentals.” This interview aired Aug. 27, 2026. (Source: Bloomberg)