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MSFT May 2024 175.000 call
| Previous close | 149.00 |
| Open | N/A |
| Bid | 180.45 |
| Ask | 183.85 |
| Strike | 175.00 |
| Expiry date | 2024-05-17 |
| Day's range | 149.00 - 149.00 |
| Contract range | N/A |
| Volume | |
| Open interest | 1 |
- Yahoo Finance Video
AI tech battle: Pick Microsoft over Meta, analyst says
Big tech companies are all about AI this earnings season. Meta Platforms (META) and Microsoft (MSFT) have spent a lot of money on ramping up their AI offerings, but only one has a stock you may want to consider for your portfolio, according to Visible Alpha Head of TMT Research Melissa Otto. In the latest Good Buy or Goodbye, Otto explains that Microsoft benefits from both a strong demand and a strong outlook for its Azure business. She also likes that it has a lot of potential growth from AI. Otto is less of a fan of Meta. She argues that its higher expense guidance "suggests that the 'year of efficiency' is potentially over." So why is Mircosoft's spending on AI good, while Meta's spending is a concern? Otto says there are two reasons: Meta's expenses have ramped up more than expected and that there is a lack of visibility surrounding those expenses. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
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The latest investor updates on stocks that are trending on Tuesday.
Associated Press FinanceMicrosoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia
Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country — Microsoft CEO Satya Nadella said Tuesday. Microsoft runs one of the world’s largest cloud computing operations and has taken a significant step into artificial intelligence by incorporating an AI chatbot into its search engine, Bing.
