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Microsoft’s stock hits record after executives predict $10 billion in annual A.I. revenue

by Editor June 18, 2023, 10:47 pm 1.8k Views

Microsoft's stock hits record after executives predict $10 billion in annual A.I. revenue

Microsoft CEO Satya Nadella speaks at the company’s Build developer conference in Seattle, May 23, 2023.

Microsoft

Microsoft shares climbed to a record Thursday after analysts at JPMorgan Chase touted the software maker’s growth prospects in artificial intelligence.

The stock rose 3.2% to close at $348.10, topping its prior all-time high reached in November 2021, the same month the Nasdaq peaked. U.S. indexes enjoyed a broad rally, following the…

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