Microsoft committed $10 million to President Trump's White House ballroom project, and Amazon and T-Mobile each committed $5 million, according to a donor list obtained by the Washington Post.
UBS has raised its price target for Microsoft Corp (NASDAQ:MSFT), the software and cloud computing company, to $675 from $525, arguing that strong demand for artificial intelligence services supports higher growth expectations ahead of its 28 October results. The bank reiterated its 'buy' rating, saying Microsoft's valuation remains reasonable at 23 times estimated 2027 adjusted earnings despit...
Microsoft shares rose on Thursday as five Wall Street firms raised their price targets, citing demand for its Azure cloud platform and growing enterprise adoption of artificial intelligence, even as the broader AI trade remained under pressure. Microsoft stock MSFT was recently up around 1.12% at $539.67 after falling 1.8% in the previous session.
The artificial-intelligence trade was under serious pressure on Thursday for a second day after many stocks suffered in the previous session. Microsoft stock, however, was rising Thursday as a handful of Wall Street firms made it clear there's still plenty of upside.
EMERYVILLE, Calif.--(BUSINESS WIRE)--Tanium, a leader in Autonomous IT, today announced it has been selected as a testing partner for Microsoft's Codename MDASH, a multi-model agentic security system. Tanium is among a select set of customers chosen to participate in the limited private preview of a system that uses more than 100 specialized AI agents across an ensemble of models to use a multi...
At a time when the top 10 stocks in the S&P 500 make up 35 to 40% of the index by weight, and many of those names are in tech, it's fair for investors to ask how much more tech their portfolios can hold.
SEATTLE--(BUSINESS WIRE)--Veeam® Software, the Data and AI Trust company, today announced the general availability of Veeam Intelligent ResOps for Microsoft 365, the first generally available offering in the Veeam Intelligent ResOps (iResOps) portfolio and an add-on for Veeam Data Cloud for Microsoft 365. Customers connect Veeam iResOps for Microsoft 365 to Veeam Data Cloud in a few clicks, wit...
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