Morgan Stanley Notes Mixed European Telecom Earnings

By EC Assets · Published 27 July 2026

Morgan Stanley reports mixed results from European telecom companies. The firm’s assessment follows recent earnings reports from the sector. The performance of tech stocks this week is pivotal for the AI trade, as major tech earnings are due. Apple stock reached a record high before its fiscal Q3 earnings announcement. Apple options activity also showed unusual patterns ahead of its earnings. SpaceX's stock recorded a new low. This occurred despite a recent Starship flight that was near, flawless. A further wave of selling for SpaceX shares could occur with its earnings report next week, as some insiders will soon be able to sell shares. Seagate and Western Digital shares experienced further declines. Morgan Stanley continues to support both companies as AI stocks. Brandon Nelson of Calamos Investments evaluates the earnings season beat, and, raise pattern. This approach helps identify companies with sustainable growth and improving profit margins. This article is intended for informational purposes only. It does not constitute investment advice.