WS #13288
Amazon surges on cloud revenue, Microsoft gets UBS Buy with raised target, but Apple downgraded on iPhone price hikes; AI capex concerns persist. SpaceX shares fall over 50% from peak, erasing $1.2 trillion, with lock-up expiry and Starship setbacks pressuring the stock.
Tech and AI earnings divergence
Amazon surges on cloud revenue, Microsoft gets UBS Buy with raised target, but Apple downgraded on iPhone price hikes; AI capex concerns persist.
SpaceX shares fall over 50% from peak, erasing $1.2 trillion, with lock-up expiry and Starship setbacks pressuring the stock.