Wedbush, an investment bank, said that tech stocks such as Microsoft, Alphabet, Amazon, Palantir and Meta are expected to 'stand out' in the second quarter earnings season. Analyst Dan Ives said in an investor report, "We believe that Q2 results will be a major positive catalyst for the sector and expect tech stocks to rise another 15% for the rest of the year after a strong 24% rise in the first half, as the broader tech growth story dominated by software, cybersecurity, digital advertising, and semiconductors now takes center stage." The bank's survey in the global technology sector shows that the deployment of cloud computing and enterprise AI spending has far exceeded Wall Street's expectations, which is a good sign for tech giants. The bank is also bullish on Zscaler, Palo Alto Networks, CrowdStrike, CyberArk, CheckPoint and Tenable.