5 Most Promising Future Stocks to Buy Right Now

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 282

Microsoft Corporation (NASDAQ:MSFT) is one of the most promising future stocks to buy right now. Reuters reported on June 26 that Italy’s antitrust authority announced on Friday the opening of an investigation into Microsoft Corporation (NASDAQ:MSFT) concerning the alleged unfair commercial practices associated with the ​price hike of its “Microsoft 365” ​subscription. The regulator stated that the company failed to adequately inform its customers that its  Microsoft 365 service had ​been integrated with AI tools Copilot and Designer, and that customers were automatically led to a more expensive subscription plan unless they actively opted out. The watchdog added in its statement that the customers also received insufficient information to decide whether to renew their contracts.

In a separate development, Reuters reported on June 16 that Oracle clarified that the details mentioned in a Business Insider ​report regarding the collapse of its discussions with Microsoft Corporation (NASDAQ:MSFT) over a potential leasing deal were inaccurate. The report had stated that Microsoft Corporation (NASDAQ:MSFT) and Oracle’s discussions about a cloud infrastructure ​leasing deal fell apart due to security ​and compliance concerns. Reuters further stated that it could not immediately verify the report, and Microsoft Corporation (NASDAQ:MSFT) declined to comment on it.

Microsoft Corporation (NASDAQ:MSFT) develops and supports services, software, devices, and solutions. It operates through the Intelligent Cloud, Productivity and Business Processes, and More Personal Computing segments.