Reported about 6 hours ago
Microsoft shares surged nearly 9% after the company reported strong quarterly results, surpassing Wall Street's expectations. Analysts, including Morgan Stanley, raised their price targets for the stock, with predictions ranging from $482 to $550, citing robust demand for cloud computing and AI as key growth drivers. Microsoft's commitment to invest $80 billion in infrastructure for fiscal 2025 further supports its growth outlook.
Source: YAHOO