Stocks Daily on November 4th | Morgan Stanley released a report indicating that they have updated their earnings per share forecast model for Amazon's third quarter, raising their EBIT forecasts for 2025 and 2026 by 10% and 6% respectively. This change is largely offset by the decrease in commodity profit margins due to the shift to low-cost essentials, driven by lower service costs. They have also raised their 2025 capital expenditure forecast to approximately 96 billion US dollars. The firm has increased the target price from $210 to $230, maintaining a "shareholding" rating.