Microsoft warns of 'material' AI spending ramp up

Microsoft (MSFT) PT Raised to $455 at TD Cowen

TD Cowen analyst J. Derrick Wood raised the price target on Microsoft (NASDAQ: MSFT) to $455.00 (from $425.00) while maintaining a Outperform rating.... More

Midday movers: Boeing flies, Alphabet flops, and more

(Updated - January 31, 2024 11:29 AM EST)

Investing.com -- U.S. futures traded lower Wednesday as investors digested earnings from some tech giants ahead of the conclusion of the latest Federal Reserve policy-setting meeting.

Here are some of the biggest U.S. stock movers today:

Alphabet (NASDAQ: GOOGL) stock slumped 6.4% after the Google-parent reported holiday-season advertising sales below expectations and projected higher spending this year on artificial intelligence.

Microsoft (NASDAQ: MSFT) stock fell 1% after the software giant forecast rising costs to develop new artificial-intelligence... More

Microsoft (MSFT) PT Raised to $450 at Oppenheimer

Oppenheimer analyst Timothy Horan raised the price target on Microsoft (NASDAQ: MSFT) to $450.00 (from $410.00) while maintaining a Outperform rating.... More

Microsoft (MSFT) PT Raised to $460 at Wells Fargo

Wells Fargo analyst Michael Turrin raised the price target on Microsoft (NASDAQ: MSFT) to $460.00 (from $435.00) while maintaining a Overweight rating.... More

Microsoft (MSFT) PT Raised to $450 at RBC Capital

RBC Capital analyst Kash Rangan raised the price target on Microsoft (NASDAQ: MSFT) to $450.00 (from $415.00) while maintaining a Outperform rating.... More

Microsoft (MSFT) PT Raised to $465 at Bernstein

Bernstein analyst Mark Moerdler raised the price target on Microsoft (NASDAQ: MSFT) to $465.00 (from $406.00) while maintaining a Outperform rating.... More

Fed decision ahead; Microsoft, Alphabet's AI costs - what's moving markets

Investing.com -- U.S. stock futures are mixed as investors await a major Federal Reserve interest rate decision and potential commentary on future borrowing costs from the central bank. Microsoft (NASDAQ: MSFT) and Google-owner Alphabet (NASDAQ: GOOGL) warn that spending on developing their artificial intelligence capabilities will be higher this year, offsetting a strong set of quarterly earnings from the tech giants. Elsewhere, Elon Musk's massive Tesla (NASDAQ: TSLA) pay package worth nearly $56 billion is voided by a Delaware... More

Microsoft (MSFT) PT Raised to $480 at UBS

UBS analyst Karl Kierstead raised the price target on Microsoft (NASDAQ: MSFT) to $480.00 (from $400.00) while maintaining a Buy rating.... More

Stocks expected to have increasing option volume: MSFT GOOG GOOGL AMD SBUX MTCH

Stocks expected to have increasing option volume: MSFT GOOG GOOGL AMD SBUX MTCH

Microsoft (MSFT) PT Raised to $475 at Evercore ISI

Evercore ISI analyst Kirk Materne raised the price target on Microsoft (NASDAQ: MSFT) to $475.00 (from $432.00) while maintaining a Outperform rating.... More

Microsoft (MSFT) PT Raised to $455 at CFRA

CFRA analyst Angelo Zino raised the price target on Microsoft (NASDAQ: MSFT) to $455.00 (from $420.00) while maintaining a Strong Sell rating.... More

European stocks mixed ahead of Fed decision; H&M slumps

Investing.com - European stock markets traded in a mixed fashion Wednesday, as investors digested a deluge of corporate earnings and regional inflation data ahead of the conclusion of the Federal Reserves first meeting of the year.

At 03:30 ET (08:30 GMT), the DAX index in Germany traded 0.1% lower, the FTSE 100 in the U.K. fell 0.2%, while the CAC 40 in France traded up 0.1%.

French consumer prices fell in January, raising the likelihood that the European Central Bank could start easing monetary policy... More

Microsoft (MSFT) PT Raised to $480 at Citi

Citi analyst Tyler Radke raised the price target on Microsoft (NASDAQ: MSFT) to $480.00 (from $470.00) while maintaining a Buy rating.... More

Microsoft (MSFT) PT Raised to $480 at BofA Securities

BofA Securities analyst Brad Sills raised the price target on Microsoft (NASDAQ: MSFT) to $480.00 (from $450.00) while maintaining a Buy rating.... More

Microsoft (MSFT) PT Raised to $455 at Macquarie

Macquarie analyst Frederick raised the price target on Microsoft (NASDAQ: MSFT) to $455.00 (from $430.00) while maintaining a Outperform rating.... More

Microsoft (MSFT) PT Raised to $510 at Wolfe Research

Wolfe Research analyst Alex Zukin raised the price target on Microsoft (NASDAQ: MSFT) to $510.00 (from $480.00) while maintaining a Outperform rating.... More

Microsoft (MSFT) PT Raised to $465 at Morgan Stanley

Morgan Stanley analyst Keith Weiss raised the price target on Microsoft (NASDAQ: MSFT) to $465.00 (from $450.00) while maintaining a Overweight rating.... More

Microsoft (MSFT) PT Raised to $500 at DA Davidson

DA Davidson analyst Gil Luria raised the price target on Microsoft (NASDAQ: MSFT) to $500.00 (from $415.00) while maintaining a Buy rating.... More

Microsoft (MSFT) PT Raised to $455 at Stifel

Stifel analyst Brad Reback raised the price target on Microsoft (NASDAQ: MSFT) to $455.00 (from $430.00) while maintaining a Buy rating.... More

Microsoft (MSFT) PT Raised to $475 at Barclays

Barclays analyst Raimo Lenschow raised the price target on Microsoft (NASDAQ: MSFT) to $475.00 (from $421.00) while maintaining a Overweight rating.... More

Microsoft (MSFT) PT Raised to $450 at Raymond James

Raymond James analyst Andrew Marok raised the price target on Microsoft (NASDAQ: MSFT) to $450.00 (from $400.00) while maintaining a Outperform rating.... More

Microsoft (MSFT) PT Raised to $455 at BMO Capital

BMO Capital analyst Keith Bachman raised the price target on Microsoft (NASDAQ: MSFT) to $455.00 (from $420.00) while maintaining a Outperform rating.... More