Microsoft and Amazon Are Downgraded as Redburn Breaks Ranks With Peers

Microsoft Corp. and Amazon.com, Inc. saw their ratings cut to neutral from buy on Tuesday, as Rothschild & Co Redburn’s Alexander Haissl downgraded the stocks for the first time since initiating coverage in June 2022, according to data compiled by Bloomberg. Investors have retreated from AI-related stocks amid unease over stretched valuations.