Microsoft reported its biggest fiscal year ever with $331 billion in revenue, driven by a 41% jump in Azure revenue surpassing $100 billion. Despite strong fundamentals and a 31.7% EPS growth, shares remain nearly flat at $491.71 due to high capital expenditures and insider selling. Analysts predict a price target around $569, while a more bullish model sees $592 by 2028, with $650 achievable if Azure growth stays above 40% and capital spending translates into sustained margins. The main risk is if AI-related spending outpaces revenue, but long-term growth prospects remain strong.
Over 100 leading tech companies, including OpenAI, Google, Microsoft, and cybersecurity firms like Crowdstrike, have signed an open letter calling for joint efforts between private and public sectors to combat increasing AI-enabled cyber threats. The...
Dan Ives highlighted six AI stocks—Microsoft, Alphabet, Amazon, Palantir, CrowdStrike, and NVIDIA—as leaders in the next AI growth phase during a CNBC broadcast. All these stocks were already held in his Dan Ives Wedbush AI Revolution ETF, but this w...
Nvidia is enhancing its hardware support for Chinese AI models like DeepSeek and Alibaba's Qwen to stay competitive against domestic chipmakers and maintain its lead in AI infrastructure. This move comes as US lawmakers grow concerned about the risin...
Apple posted its best June quarter ever with strong iPhone 17 sales and $109.42 billion revenue, but faces supply constraints and one-time tariff benefits. Microsoft reported $90.01 billion revenue with Azure growing 43% and a massive $678 billion co...
Palo Alto Networks CEO Nikesh Arora predicts a collapse in most AI cloud companies once GPU scarcity ends but identifies Nebius as a rare 'neoscaler' with durable advantages. Nebius boasts $575 million in AI cloud revenue, a 50% adjusted EBITDA margi...
