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Apple Could No Longer Be World s Most Valuable Brand as Microsoft Nears Title

Microsoft Stock Price 2024 Outlook: iPhone Moment Has Arrived With AI

Recent channel checks with AI customers have turned incrementally more bullish and bode well for Microsoft's ability to monetize CoPilot in 2024.

microsoft share price: Microsoft s stock hits record high after hiring OpenAI outcasts

The unexpected ouster on Friday of Sam Altman, OpenAIs co-founder and CEO, set off a chain of events that erased tens of billions from Microsofts market value, a sign of how important OpenAI is to the tech behemoth. Microsoft has invested more than $13 billion in OpenAI, and Apple, Google and Meta have rushed to catch up with their own AI offerings.

Microsoft s Game Changing AI to Power Stock to Record Highs: Wedbush

"We estimate for every $100 of cloud Azure spend with MSFT the last few years there is an incremental $35-$40 of AI spend for [MSFT]," Dan Ives said.

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