US Stocks Move: IBM, Microsoft, and Meta rise nearly 2%, Morgan Stanley expects funds to rotate to hyperscale data center operators

Golden Finance July 7｜Cloud computing concept stocks generally rose, with ServiceNow and Salesforce up nearly 3%, IBM, Microsoft, and Meta up nearly 2%, and Alibaba up more than 1%. On the news front, Morgan Stanley’s chief U.S. stock strategist Michael Wilson pointed out that the upward momentum for semiconductor stocks is clearly weakening, and capital is shifting towards relatively underperforming shares, including AI-related hyperscale data center operators. Companies such as Microsoft, Amazon, and Meta, thanks to their strong core business foundations, continue to maintain unique appeal in the AI ecosystem.