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What is the short term outlook for Gini Silk Mills Limited (531744) ✌️【Stock Picks】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. Microsoft stock reached a record high on Monday after the company said that Sam Altman, former chief executive of OpenAI,will join the companyto head its artificial intelligence innovation leg.
What is the short term outlook for Gini Silk Mills Limited (531744) ✌️【Stock Picks】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. Shares of the tech behemoth rose 2.1% to an all-time high close of $377.44 on Monday, beating the previous record of $376.17.
What is the short term outlook for Gini Silk Mills Limited (531744) ✌️【Stock Picks】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. 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.
What is the short term outlook for Gini Silk Mills Limited (531744) ✌️【Stock Picks】✌️ Expert predictions of stock trends with real-time stock indices, futures, and metals, energy quotes to help you seize investment opportunities. Altman’s hiring ended days of speculation that the former chief executive could return to the firm after his dramatic firing. Emmett Shear, former CEO of Amazon-owned streaming service Twitch, will replace OpenAI chief technology officer Mira Murati as interim chief executive.
What is the short term outlook for Gini Silk Mills Limited (531744) ✌️【Stock Picks】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. 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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