WS #13228
Amazon's AWS growth and Alphabet's strong results continue to drive Mag7 AI trade, with Amazon boosting AI capex by $20B to $220B, supporting tech sentiment. Apple faces downgrade to Hold on iPhone 18 Pro price hikes due to memory costs, smart glasses delayed to 2027, and potential charges for AI features—bearish for AAPL.
AI Earnings Momentum (AMZN, GOOGL)
Amazon's AWS growth and Alphabet's strong results continue to drive Mag7 AI trade, with Amazon boosting AI capex by $20B to $220B, supporting tech sentiment.
Apple faces downgrade to Hold on iPhone 18 Pro price hikes due to memory costs, smart glasses delayed to 2027, and potential charges for AI features—bearish for AAPL.