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DA Davidson Downgrades Microsoft (MSFT) to Neutral, 'AI Lead Diminished'
September 23, 2024 6:09 AM EDTDA Davidson analyst Gil Luria downgraded Microsoft (NASDAQ: MSFT) from Buy to Neutral with a price target of $475.00.
The analyst comments "We believe competition has largely caught up with Microsoft on the AI front, which reduces the justification for the current premium... More
Constellation surges on deal with Microsoft to restart Three Mile Island nuclear plant
September 20, 2024 9:06 AM EDTShares of Constellation Energy Group, Inc. (NASDAQ: CEG) surged over 11% in premarket trading on Friday following the announcement of a landmark power purchase agreement with Microsoft (NASDAQ: MSFT).
The deal, Constellation's largest-ever power purchase agreement, will support the relaunch of Three Mile Island Unit 1, which was shuttered in 2019 for... More
