Analysts revamp Microsoft stock price target after earnings
Microsoft earned $2.94 a share, up from $2.45 per share a year earlier and surpassing the FactSet analyst consensus estimate of $2.82 per share. Revenue totaled $61.86 billion, up from $52.9 billion and ahead of FactSet's call for $60.85 billion.
The company started selling its Copilot artificial intelligence add-on for small businesses with subscriptions to Microsoft ...
Overall, Microsoft remains in the driver's seat in the artificial intelligence race thanks in part to its partnership with ...
Investors see short-term gains from tech giants that are pouring resources into AI, which is driving the sector's market rise ...
Microsoft, Alphabet, and Meta have reported strong cloud and AI investments. JPMorgan highlights potential benefits for 4 ...
Microsoft's stock is up 2.5% in Friday morning action and leading Dow Jones Industrial Average gainers. The rally in ...
Rubrik's shares rose nearly 21% in their debut on the New York Stock Exchange on Thursday, giving the Microsoft-backed ...
The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $2.81 per share.
Shares of Microsoft Corp. rose 1.82% to $406.32 Friday, on what proved to be an all-around favorable trading session for the ...
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