WS #16108
Technology stocks are staging a recovery, led by Morgan Stanley upgrading Amazon to a 'Top Pick' on AWS strength. Institutional investors are aggressively accumulating semiconductor names, with dark pool alerts showing $213 million in AMD purchases and $138 million in Micron orders. This buying pressure suggests that the recent AI-related selloff is finding a bottom, although regulatory risks for Alphabet remain a lingering overhang.
Tech Rebound and Institutional Buying
Technology stocks are staging a recovery, led by Morgan Stanley upgrading Amazon to a 'Top Pick' on AWS strength. Institutional investors are aggressively accumulating semiconductor names, with dark pool alerts showing $213 million in AMD purchases and $138 million in Micron orders. This buying pressure suggests that the recent AI-related selloff is finding a bottom, although regulatory risks for Alphabet remain a lingering overhang.