Microsoft

Macquarie: Maintains Microsoft’s (NASDAQ:MSFT) neutral rating and $241 price target

Macquarie analyst Sarah Hindlian-Bowler noted that OpenAI announced GPT-4, the latest version of its GPT AI model, a significant improvement over previous model versions, and Microsoft (NASDAQ:MSFT) also announced on Tuesday that the new Bing Search has been running on an earlier version of GPT-4 for the past five weeks. While the line says generative AI is “in a hype cycle,” it’s “still fairly real” and GPT-4 is “the current industry standard.” It’s hard for investors to understand who will win and who will lose, but Macquarie believes Microsoft is a “clear winner” given its improvements to Bing, the size of the search market and Google’s current dominance. The bank maintained a neutral rating on Microsoft stock and a $241 price target.

Macquarie: Maintains Microsoft’s (NASDAQ:MSFT) neutral rating and $241 price target Read Post »

Microsoft (NASDAQ:MSFT) has disbanded the Industrial Metaverse Applications team

According to a person with direct knowledge of the matter, Microsoft (NASDAQ:MSFT) has disbanded the four-month-old metaverse application team that aims to help customers use the metaverse in an industrial setting. The person said that all about 100 employees of the team have been laid off.

Microsoft (NASDAQ:MSFT) has disbanded the Industrial Metaverse Applications team Read Post »

Jefferies: Raised Microsoft’s (NASDAQ:MSFT) price target to $310 with a Buy rating

According to a report by Jefferies, Microsoft (NASDAQ:MSFT) uses OpenAI’s next-generation language model to release artificial intelligence updates to search engines Bing and Edge, and it is expected that search improvements will help long-term advertising revenue. However, the bank mentioned that it will take time to push users to use Bing again, and Microsoft needs to pry advertisers away from Google, so it only regards such updates as the tip of the iceberg of the group’s artificial intelligence capabilities, and believes that there will be the greatest opportunity in enterprise applications. Jefferies raised its price target on Microsoft to $310 from $275 and maintained its Buy rating.

Jefferies: Raised Microsoft’s (NASDAQ:MSFT) price target to $310 with a Buy rating Read Post »

Microsoft officially introduced ChatGPT to the Bing search engine to usher in a new era

Microsoft announced on Tuesday that it has launched the latest versions of the Bing (Bing) search engine and Edge browser supported by ChatGPT. Microsoft’s CEO said that “search engines have ushered in a new era.” Microsoft says Bing is built on a new next-generation large-scale language model that is more powerful than ChatGPT and can help it use its network knowledge to intelligently interface with OpenAI’s technology. The new chatbot in Bing can help users refine their queries and can draft and translate messages, rewrite computer code, and more. Microsoft said the company will target search results that track chatbots to address concerns that it will fabricate information. Microsoft says it wants to bring the Bing experience to all browsers, not just Edge. The company expects more advertising revenue from the increase in Bing users. The new version of Bing goes live today, but the preview is limited. The company

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Microsoft Corp. (NASDAQ:MSFT) revenue of $52.7 B in Q2 2023, YoY+2%

Microsoft Corp. (NASDAQ:MSFT) Stock price trend forecast and trading range: Updated to: 2023.2.1 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: bullish Sell high and buy low of range : $240 – $260 Support: $240 resistance: $260 Stop Loss Price: $240 price target: $260 Buy the position again: stop fall and rise to $240 Medium-term trend: bullish High sell low buy range: $230 – $260 Support: $240 resistance: $260 Stop Loss price: $240 price target: $260 Buy the position again: stop fall and rise to $240 Long-term trend: bearish High sell low buy of range: $220 – $280 Support : $220 resistance: $280 Stop Loss price: $220 price target : $280 Buy the position again: stop fall and rise to $220 From Analysis from financial statements: Microsoft Posts Q2 EPS of $2.32

Microsoft Corp. (NASDAQ:MSFT) revenue of $52.7 B in Q2 2023, YoY+2% Read Post »

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