Microsoft said on Tuesday it has reached a deal with OpenAI to allow the ChatGPT maker to restructure itself into a public benefit corporation, following which Microsoft would hold a stake of about $135 billion - or 27% - in the AI startup.
Wedbush Securities' Dan Ives is one of the bigger bulls on Wall Street, and while he has high expectations for the many Magnificent Seven members, I do find his Microsoft (NASDAQ:MSFT) call to be one of the most intriguing.
Microsoft reports earnings on Wednesday, and analysts see the potential for further acceleration in its cloud business as well as major benefits from a Windows refresh cycle.
Microsoft is a balanced buy for growth investors, even in today's premium-priced market. With exposure to AI, cloud, software, gaming, consumer electronics, and more, Microsoft offers a catch-all way to bet on multiple themes.
Der Software-Riese Microsoft US5949181045 hält einen Anteil von 27 Prozent am ChatGPT-Entwickler OpenAI und hat sich Zugang zur Technologie der KI-Firma bis zum Jahr 2032 gesichert.
Microsoft (MSFT) is scheduled to report quarterly results after markets close on Wednesday, and some investors expect the stock to jump to a fresh record.
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