South Korea's LG Electronics Inc said on Friday that Microsoft and LG affiliates are pursuing overall business cooperation regarding data centres, but no specific deal has been signed at this time.
Microsoft is increasing prices for various Office productivity software subscriptions for commercial customers on July 1. The cost of a low-priced offering for front-line workers will jump 33%.
Microsoft Corporation is our largest position in our portfolio, and I continue to reiterate my Buy rating with a price target of $635 per share, implying a 33% potential upside. MSFT faces short-term volatility from shifting AI narratives and competitive pressure, notably from Google's Gemini and OpenAI's "code red" announcement. Yesterday, MSFT news emerged of the company lowering its AI sales quotas, which the management denied in a statement, helping the stock recover some of its losses.
Microsoft has offloaded OpenAI's risks while keeping the benefits, making it the best Big Tech AI play, according to one analyst
$3.5 trillion. That's Microsoft's market capitalization as of Wednesday, ranking behind Google parent Alphabet ($3.8 trillion), Apple ($4.2 trillion) and Nvidia ($4.3 trillion), respectively.
Adjusting sales quotas early in the fiscal year is not surprising, says one analyst who sees weakness in the stock as a buying opportunity.
Microsoft Corp (NASDAQ:MSFT) shares fell 2.1% on Wednesday morning after a report suggested the company has lowered expectations for sales of its newer artificial intelligence products among business customers. The Information reported that Microsoft has reduced growth goals for AI software, citing two salespeople in the Azure cloud unit.
Artificial intelligence has fueled a multi-trillion-dollar stock market surge over the past few years, propelling companies like Microsoft ( NASDAQ:MSFT ) and Nvidia ( NASDAQ:NVDA ) to record valuations.
Microsoft (NASDAQ: MSFT) shares are under pressure after internal sales adjustments signaled weakening momentum in the company's push to commercialize its newest artificial intelligence (AI) products.
Multiple divisions at Microsoft have lowered sales growth targets for certain artificial intelligence products after many sales staff missed goals in the fiscal year that ended in June, The Information reported on Wednesday.
Microsoft Corporation (MSFT) Presents at UBS Global Technology and AI Conference 2025 Transcript
Billionaire Peter Thiel runs the hedge fund Thiel Macro and is known for playing a significant role in identifying growth stocks.