10 AI Stocks in the News Today

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On May 5, Andy Yu CFA from DBS maintained a “Buy” rating on the stock with a price target of $485.00. Microsoft’s competitive edge stems from its robust product range and extensive market presence. In particular, its cloud-based office productivity software market is projected to grow significantly and bring in major revenue opportunities.

Moreover, Microsoft’s Azure platform is a key growth driver, which is also expected to contribute significantly to the company’s revenue. Its strategic investments in AI and dominance in the cybersecurity space further strengthen its position despite macroeconomic headwinds. The company’s acquisition of Activision is likely to enhance Microsoft’s performance in the PC segment as well. All of these factors contribute to the Buy rating for the stock.