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utkarsh small finance bank limited (543942) ✌️【Stock Opportunities】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. 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.
utkarsh small finance bank limited (543942) ✌️【Stock Opportunities】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. 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.
utkarsh small finance bank limited (543942) ✌️【Stock Opportunities】✌️ Expert predictions of stock trends to help you select stocks accurately, achieve stable growth, and quickly recover from losses. 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.
utkarsh small finance bank limited (543942) ✌️【Stock Opportunities】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve capital growth. 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.
utkarsh small finance bank limited (543942) ✌️【Stock Opportunities】✌️ Precise predictions of high-potential stocks to help you avoid risks and quickly recover and grow. 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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