Microsoft stocks (MSFT) outperformed market consensus during Q4, however, a less than expected growth in its cloud business, Azure, caused the shares to dip. Notable investors have also readjusted their positions in Microsoft. Some have completely sold off their shares, while others have reduced their positions. Microsoft was recognized all round as a powerful player in the artificial intelligence (AI) realm, with the potential for 'phenomenal' AI monetization. It was also indicated various companies had increased their stake in Microsoft. Additionally, Microsoft experienced a service outage caused by an 'unexpected usage spike.' Analysts' price targets continue to readjust indicating the potential for the stock to reach $1,000. Some earlier investors are contemplating divesting, yet other entities are choosing this time to acquire new Microsoft shares. A recurring theme was the slower growth of Azure, which reduced investor patience. Despite the setbacks, Microsoft defended the capital expenditure on AI technologies. Other key elements discussed included Pelosi's significant trading in Microsoft and NVIDIA stocks, stock dips due to cloud revenue misses and the potential stock split for Microsoft.
Microsoft Stocks MSFT News Analytics from Mon, 24 Jun 2024 07:00:00 GMT to Sun, 04 Aug 2024 14:39:21 GMT -
Rating -1
- Innovation 6
- Information 8
- Rumor 2
