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0.000144948543267135 0 3.34496638308481E-05 -0.000285660129115615 -0.000278747198590654 -0.000167248319154367 -0.000323346750365118 -0.000323346750365118
Stock impact report

Microsoft stock will surge 24% amid a 'tidal wave' of AI-monetization opportunities, Wedbush says [Yahoo! Finance]

Microsoft Corporation (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Company Research Source: Yahoo! Finance
The firm's cloud platform Azure is also boosting AI spending, and will keep growing. Artificial intelligence deal conversions are accelerating, priming shares of Microsoft to reach even higher records, Wedbush Securities said. The firm lifted its price target for shares of the tech giant from $500 to $550, representing upside potential of 24% from current levels. Year-to-date, Microsoft is up 17.6%. Behind the call were increasingly bullish customer checks, Wedbush Securities said, driven by "a tidal wave of Copilot and Azure monetization now on the doorstep for MSFT." "We believe the stock still has yet to price in what we view as the next wave of cloud and AI growth coming to the Redmond story with a strong competitive cloud edge vs. Amazon especially and Google in cloud bake offs," analyst Dan Ives wrote on Sunday. Conversations with customers and clients indicated particular strength around Copilot deployment, Microsoft's AI-companion software. According to Ives, it c Show less Read more
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