WS #16109
As the market digests the energy shock, attention turns to the upcoming earnings season. Morgan Stanley's upgrade of Amazon to a Top Pick highlights AWS strength as a defensive growth play amidst volatility. However, the broader tech sector faces headwinds from the risk-off environment, with Meta and Tesla earnings expected to be closely watched for guidance on consumer demand and AI capex sustainability.
Big Tech Earnings & Amazon Upgrade
As the market digests the energy shock, attention turns to the upcoming earnings season. Morgan Stanley's upgrade of Amazon to a Top Pick highlights AWS strength as a defensive growth play amidst volatility. However, the broader tech sector faces headwinds from the risk-off environment, with Meta and Tesla earnings expected to be closely watched for guidance on consumer demand and AI capex sustainability.