Morgan Stanley sees possible upside for CrowdStrike, Datadog and Microsoft as open-weight AI use grows, while noting that other companies may benefit too.

Technology
Morgan Stanley links the potential upside to wider adoption of open-weight artificial intelligence models.

Morgan Stanley sees possible upside for CrowdStrike, Datadog and Microsoft as open-weight AI use grows, while noting that other companies may benefit too.
The quarterly comparison covers Microsoft, Amazon, Alphabet, Oracle and Meta, with both series set to 100 on Dec. 31, 2011.
A July FactSet estimate put hyperscaler capital spending near $800 billion in 2026, including finance leases and customer prepayments.
Kapoor also said concentrated AI-linked gains leave global markets reliant on fewer outcomes. A Morningstar survey found concern about concentration, valuations and capital spending.