Nvidia shares surge 13%, lift market value a record $330 billion

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Microsoft just delivered a validation moment for AI: Wedbush

July 31, 2024 11:00 AM EDT

In a recent note, Wedbush analysts expressed strong confidence in Microsoft's (NASDAQ: MSFT) latest performance, particularly emphasizing the significance of the company's "validation moment for AI."

According to Wedbush, the investor world was keenly awaiting Microsoft's results, and the conference call, coupled with FY25 guidance, did not disappoint.

CEO Satya Nadella and CFO Amy Hood highlighted a robust commercial bookings growth in the June... More