MSFT is trading up over 5% in the after-market following its result this morning at 8am, the company beat estimates on the EPS (earnings per share) front even while revenue missed slightly. The market appeared happy that MSFT are investing $10bn into ChatGPT Maker OpenAI believing that Artificial Intelligence remains the future for many industries.
- We are initially targeting a test of $US275 for MSFT encouraged by this morning’s solid result.
MM remains long and bullish MSFT
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