AMZN and AMD: Cowen Calls These 2 AI Stock Giants Its Best Ideas for 2026

So much has happened this year. After a spring correction triggered by President Trump’s aggressive tariff policies, stocks staged a powerful rebound as inflation cooled and markets began pricing in a more accommodative Federal Reserve. At the same time, strong earnings and relentless enthusiasm around AI propelled mega-cap leadership, pushing the S&P 500 to nearly a 16% gain for the year. Looking ahead, Cowen’s global head of research, Robert Fagin, sees a constructive backdrop forming as marke