WS #16112
Investment banks are identifying specific winners in the AI infrastructure build-out, decoupling them from broader tech weakness. Morgan Stanley upgraded Amazon to a 'Top Pick' citing AWS growth and AI-powered logistics, while StoneX reiterated a Buy on Galaxy Digital, arguing its Helios AI data center business is undervalued relative to CoreWeave's debt issues. This rotation suggests investors are favoring tangible AI infrastructure assets over speculative software plays, despite broader market concerns about AI monetization timelines.
AI Infrastructure Bullishness
Investment banks are identifying specific winners in the AI infrastructure build-out, decoupling them from broader tech weakness. Morgan Stanley upgraded Amazon to a 'Top Pick' citing AWS growth and AI-powered logistics, while StoneX reiterated a Buy on Galaxy Digital, arguing its Helios AI data center business is undervalued relative to CoreWeave's debt issues. This rotation suggests investors are favoring tangible AI infrastructure assets over speculative software plays, despite broader market concerns about AI monetization timelines.