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Microsoft Corp. had arguably the strongest earnings report within Big Tech last quarter, at least relative to investor expectations. Yet its stock is flat since just before the results came out, as nearly every other member of the “Magnificent Seven” has moved higher.
Executives at Microsoft
MSFT “sound fantastic in buy-side meetings as of late,” according to Mizuho desk-based analyst Jordan Klein, and the company is levered to OpenAI’s booming demand as well as upbeat cloud trends even outside of artificial intelligence. Microsoft has also told investors what to expect on margins for the next 12 months through guidance that was “good” and added clarity, Klein noted.
This post was originally published on Market Watch
