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MirchiLover ( MirchiLover@beehaw.org )  to Technology · 1 year ago

Microsoft Soars as AI Cloud Boom Drives $595 Price Target

gazeon.site

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  • cross-posted to:
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Microsoft Soars as AI Cloud Boom Drives $595 Price Target

gazeon.site

MirchiLover ( MirchiLover@beehaw.org )  to Technology · 1 year ago
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  • cross-posted to:
  • technology@lemmy.zip
Microsoft gets $595 price target upgrade as AI cloud demand surges. Analyst sees OpenAI partnership driving multi-trillion dollar opportunity despite tensions.
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  • coyotino [he/him] ( theangriestbird@beehaw.org ) 
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    1 year ago

    finally, the line went up enough! they have achieved the golden number! Now they will chill and stop hoarding all that money! Or stop laying off thousands of people a month! . . . Right?

    • Jupdown ( jupdown@lemmy.ca ) 
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      1 year ago

      Bold of you to assume that the line can’t go up further… just think of all those poor shareholders missing out on an even higher value! 😩

      • locuester ( locuester@lemmy.zip ) 
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        1 year ago

        If only there were a way to join the shareholders and get a share of the profits!

        • Vodulas [they/them] ( Vodulas@beehaw.org ) 
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          1 year ago

          All you have to do is already have money!

          • locuester ( locuester@lemmy.zip ) 
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            1 year ago

            I’m a lover of all things money management, and I firmly believe that everybody can put together a small savings plan.

            • Vodulas [they/them] ( Vodulas@beehaw.org ) 
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              1 year ago

              Small savings =/= enough to gamble on stocks. At least if you want to keep that money.

  • megopie ( megopie@beehaw.org ) 
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    1 year ago

    Any of those analysts gonna point out that a significant portion of the demand driven by open AI is just them redeeming credits Microsoft gave them for free?

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