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Investing in Infrastructure Boom Accurate Stock Alerts For Profits ✌️【Online Trading】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. That comes after shares of Microsoft fell 1.7% on Friday, when Sam Altman wasousted from his positionat OpenAI in a boardroom coup. Microsoft is the artificial intelligence firm’s biggest stakeholder, with a $13 billion investment in the company.
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Investing in Infrastructure Boom Accurate Stock Alerts For Profits ✌️【Online Trading】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. Microsoft shares are up about 56% for the year. The stock is one of the “Magnificent Seven” that have powered the lion’s share of the market’s returns this year, boosted by Wall Street’s bet that artificial intelligence is the next big thing in tech.
Dan Ives, tech analyst at Wedbush Securities, reiterated his $425 price target for Microsoft’s stock following Altman’s and Brockman’s hires.
“We view Microsoft now even in a stronger position from an AI perspective with Altman and Brockman” at the company, Ives wrote in a note on Monday.
Other members of the “Magnificent Seven” saw a boost on Monday. Nvidia shares gained 2.3% to end the trading session at $504.20 ahead of its earnings due on Tuesday, notching a record-high close for the chipmaker.
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