Morgan Stanley warns of potential stock market correction within 30 days

Morgan Stanley strategist Mike Wilson warned that rising oil prices could drain market liquidity, potentially triggering a stock market correction within 30 days. Meanwhile, the bank initiated coverage on Coinbase (COIN) with a price target of $250, suggesting the exchange is evolving into financial infrastructure beyond its crypto-trading roots. Additionally, Anthropic CEO Dario Amodei has proposed a slowdown in AI model development.