9 AI News Updates That Analysts Are Monitoring

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. On November 28, Wedbush analyst Daniel Ives kept an Outperform rating on Microsoft with a $550 price target after Bloomberg reported the Federal Trade Commission opened an antitrust investigation into the company. Per Ives, the FTC suit is much more bark than bite and ultimately will fade into the background once a new FTC chair is likely named by Trump for January. Wedbush believes the big technology companies will ultimately emerge from the DOJ’s legal challenges with some scrapes and bruises, but nothing more concerning that disrupts the bullish tech trade and AI Revolution thesis into 2025 and beyond.