Microsoft gets a price target lift after great quarter driven by AI
Expectations matter, and in the case of Microsoft, it looks like they got a bit lofty. And that's ok if the company is doing well, which is the case here.
Source: cnbc.com
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MSFT, AMD, GOOGL,AMZN, TSLA: Why These 5 Stocks Are Trending Today - Advanced Micro Devices (NASDAQ:AMD), Amazon.com (NASDAQ:AMZN)
Major U.S. indices were mixed at the end of the trading day on Tuesday. The Dow Jones Industrial Average rose 0.35% to 38,467.31
Source: benzinga.com
Microsoft touts AI strength, but shares dip as market digests costs
But Microsoft shares were down 1% after-hours as investors absorbed news about rising costs to develop these AI features.
Source: businesstoday.in
Microsoft again blows away earnings estimates as AI's contribution grows
Microsoft again blows away earnings estimates as AI's contribution grows - SiliconANGLE
Source: siliconangle.com
Microsoft beats sales expectations on AI strength, Telecom News, ET Telecom
Microsoft: "We've moved from talking about AI to applying AI at scale," CEO Satya Nadella said in a statement. "By infusing AI across every layer of our tech stack, we're winning new customers and helping drive new benefits and productivity gains across every sector."
Source: indiatimes.com