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- Nasdaq falls as Alphabet set for record loss amid AI spending woes
- Alphabet shares tumble 10% as earnings miss overshadows cloud boom
- Microsoft rises premarket as cloud strength drives earnings beat
- Caterpillar shares slump 10% despite earnings beat amid rapid AI buildout
- DoorDash to acquire Instacart in $17 billion deal
- ServiceNow (NOW) Misses Q3 EPS by 2c, Beats on Revenue; Offers Q4 Revenue Guidance
- Oracle sets $225 billion revenue target for FY30 at investor day
- Rivian shares slip ahead of Thursday earnings release
- Marvell in advanced talks to acquire Lumentum, Bloomberg reports
- Moderna stock rises on latest cancer vaccine data publication
Microsoft (MSFT) PT Raised to $480 at Wells Fargo
April 17, 2024 5:40 AM EDTWells Fargo analyst Michael Turrin raised the price target on Microsoft (NASDAQ: MSFT) to $480.00 (from $460.00) while maintaining a Overweight rating.
The analyst comments "MSFT shares are currently trading at 34.5x P/E our NTM est. Our $480 PT (was $460, raised on... More



