Morgan Stanley turns more positive on cyclicals as earnings momentum broadens
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
AI spending boom creates winners and losers across U.S. Tech, BofA says
June 1, 2026 4:00 PM EDTBank of America remains a long-term bull on technology but is warning investors of a near-term air pocket, arguing that the AI capital spending boom is simultaneously creating opportunity for some companies and mounting pressure for others.
Analyst Savita Subramanian told investors in a note that the biggest surprise of the year has been the scale of technology capital expenditure, which has been "bullish for... More
