Morgan Stanley strategists said strong U.S. corporate earnings, particularly in the booming technology sector, have masked concerns about potential pressure on the stock market from Middle East conflict. A team led by Michael Wilson wrote in a report that S&P 500 earnings forecasts have been revised upwards across multiple timeframes over the past month. Second-quarter earnings forecasts were revised upwards by 2%, while full-year 2026 and the next 12 months' earnings forecasts were revised upwards by 3% and 4%, respectively. (Jinshi)