Big Tech Stocks Rally as Alphabet Leads the Way

📈Shares of Alphabet are up this morning, with analysts highlighting it as a top pick for the new quarter.

💹Microsoft's stock is also showing positive signs, with potential for further growth.

📈Amazon is maintaining an overweight rating and is expected to benefit from upcoming catalysts, including its earnings and annual meeting.

📊Wells Fargo has increased its price target for Amazon, adding it to its Q2 tactical ideas list.

📉Despite positive signs, Amazon's stock is currently retreating from intraday highs, indicating potential resistance.

Why are shares of Alphabet up?

—Analysts have highlighted Alphabet as a top pick for the new quarter, leading to increased investor interest.

What are the catalysts for Amazon's stock?

—Amazon's upcoming earnings and annual meeting are expected to be catalysts for the stock, with analysts maintaining an overweight rating and increasing the price target.

What is Wells Fargo's outlook for Amazon?

—Wells Fargo has increased its price target for Amazon, adding it to its Q2 tactical ideas list, indicating a positive outlook for the stock.

Are other big tech stocks showing positive signs?

—Yes, Microsoft's stock is also showing positive signs, with potential for further growth.

Is there potential resistance for Amazon's stock?

—Currently, Amazon's stock is retreating from intraday highs, indicating potential resistance. However, further analysis is required to confirm this.

00:08Shares of Alphabet, along with other big tech stocks, are up this morning.

00:24Analysts have highlighted Alphabet as a top pick in this new quarter.

02:36Amazon's upcoming earnings and annual meeting are expected to be catalysts for the stock.

09:24Wells Fargo has increased its price target for Amazon, indicating a positive outlook for the stock.

10:12Amazon's stock is currently retreating from intraday highs, indicating potential resistance.