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Amazon Jumps 5% as Morgan Stanley Names It Top Pick on Faster AWS Growth; Microsoft and Alphabet Edge Higher

Morgan Stanley just put a bold new target on Amazon and called it a top pick, but the reasons behind the upgrade go far beyond the cloud spending story investors already know.

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Stocks· October 19, 2026 at 04:15 PM
Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

AI summary

Morgan Stanley just put a bold new target on Amazon and called it a top pick, but the reasons behind the upgrade go far beyond the cloud spending story investors already know.

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