$AMZN is doing a lot of the work on this bounce. Morgan Stanley just named it a top pick and raised its target to $350 from $335, which is about 40% upside from Friday's close. They're mostly leaning on faster AWS growth (they see around 47% in 2027), more visibility into Bedrock, and the robotics buildout in the warehouses. Shares are up around 5%, one of the biggest lifts on the S&P today. To me this feels more constructive than chasing the names that got hit on debt worries last week, but I'm not in a rush to buy mid-session. I'm watching whether it holds into the close, then $NFLX tomorrow.
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