Big Tech Stocks Rally on Sentiment Recovery, Not Earnings; Alphabet +3%, Microsoft +2.5%

MSFT2.76%
C1.23%
META3.05%
AMZN3.00%
DELL-9.93%
According to Jim Cramer on CNBC, July 15, Big Tech stocks rallied on investor sentiment recovery rather than fundamental business improvements. Alphabet rose over 3% following Warren Buffett's confirmation that he personally directed Berkshire Hathaway's investment in the company, easing market concerns about its AI spending and debt issuance. Microsoft gained 2.5% after Citigroup upgraded guidance for fiscal 2026 Q4 and 2027 based on Copilot and Azure growth. Meta and Amazon each advanced 3%. However, AI infrastructure stocks declined; Dell and Micron fell 10% and 8% respectively despite solid fundamentals. Cramer noted the divergence reflects investor sentiment overriding valuations, and predicted fundamentals would regain focus as earnings season intensifies.
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