Michael Burry, famed for his 'Big Short' bet, has made a bullish move on Microsoft by purchasing December 2028 LEAP call options with a strike price around $700. He views Microsoft stock as attractive near $350 and chose options for their relative affordability. Following this, Microsoft shares rose 4.09% on June 26, recovering some losses despite being down over 11% month-to-date and 22% year-to-date in 2026. Wall Street remains optimistic, with an average price target of $562.10 over the next 12 months, suggesting potential for a rally despite recent volatility.
Microsoft Corporation has seen its market capitalization fall by $1.3 trillion, marking the largest drop in its history despite a generally bullish market. The stock now trades at a forward earnings multiple of 21.7, close to its 2022 buy levels, sug...
Wedbush views the recent sharp sell-off in major tech stocks like Microsoft, Meta, and Nvidia as short-term impatience rather than a breakdown in the AI sector. The broker highlights that these companies are in the early stages of a long-term AI infr...
Wedbush views the recent sharp sell-off in major tech stocks like Microsoft, Meta, and Alphabet as short-term impatience rather than a collapse in the AI sector. The broker highlights that these companies are in an 'air pocket stage' due to heavy cap...
Several leading technology companies tied to AI have fallen over 20% from their highs, entering bear market territory due to high valuations, heavy AI investment costs, and economic pressures like potential interest rate hikes. Companies like Coinbas...
OpenAI's potential delay of its IPO to 2027 highlights a critical moment for AI valuations and the market's ability to absorb new public AI companies. Despite OpenAI's high valuation of around $852 billion and a 38x sales multiple, concerns about cas...
