The stock rose 1.9% on Friday, participating in a broad-based rally. This reflects scrutiny on the firm’s heavy AI-related spending, especially as investors seek a more pronounced payoff.
In May, Apple announced the biggest-ever $110 billion stock buyback authorization, following Google parent Alphabet’s $70 billion buyback authorization announcement in April. Microsoft ranks ...
Just last week, the Wedbush team doubled down on their bullish outlook for Microsoft, reiterating a Buy rating and a lofty $550 price target.From where the stock closed on Tuesday night, that's ...
Not too long ago, Microsoft (MSFT) stock's glory days looked to be behind it as sales of desktop PCs slipped into a seemingly irreversible decline. Although the dot-com days of the 1990s minted ...
Microsoft's artificial intelligence business is on pace to hit a $10 billion annual revenue run rate in the current quarter, but the stock looks expensive at its current valuation. Meta Platforms ...
But Microsoft is entitled to a portion of OpenAI's earnings once the start-up reaches profitability. The stock also fell because investors are concerned about how aggressively Microsoft is ...