Morgan Stanley says 'buy the drop' after midterms, calls market reaction overdone

Morgan Stanley says investors should buy the drop after the midterms, calling the market reaction overdone. It says its AI capital expenditure projections are unchanged in aggregate, with a partial shift in data center builds from 2028 to 2029, and that about 20% of US data center capacity is affected.

Detected & updated continuously · Source: Nebula