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Validea Detailed Fundamental Analysis - MSFT

2 years 9 months ago
Below is Validea's guru fundamental report for MICROSOFT CORP (MSFT). Of the 22 guru strategies we follow, MSFT rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental moment
Validea

My Best Growth Stocks for 2024

2 years 9 months ago
A stock market sell-off in 2022 and residual economic challenges this year have highlighted the importance of investing with a long-term perspective. Doing so can help safeguard your investments from what often turn out to be temporary economic declines.
The Motley Fool

CMA Invites Views On Microsoft-OpenAI Partnership

2 years 9 months ago
(RTTNews) - The Competition and Markets Authority, or CMA, in the UK issued an Invitation to Comment on the partnership between Microsoft and OpenAI. This provides an early opportunity for the parties and interested third parties to comment on whether the partnership has resulted
RTTNews

Better Stock Buy for 2024: Microsoft or Alphabet?

2 years 9 months ago
Five years ago, the large technology companies seemed to operate in harmony. Today, they are starting to compete with each other more intensely. Amazon is making huge moves into digital advertising. Meta Platforms has stated its intentions to spend tens of billions on computing h
The Motley Fool

Stalled EU's AI Act talks resume

2 years 9 months ago
EU lawmakers returned to the negotiating table for a third day on Friday to try to resolve major differences over laws regulating artificial intelligence, the first of its kind as the world grapples with the implications of the fast-growing technology.
Reuters

AMD Stock (NASDAQ:AMD): Will AI-Fueled Rally Lose Steam?

2 years 9 months ago
Advanced Micro Devices ( NASDAQ:AMD ) stock has skyrocketed year-to-date, thanks to the  AI (Artificial Intelligence)-powered rally. However, the company’s management left its 2024 guidance unchanged despite the acceleration in AI opportunities. This raises concern and hints that a rally fueled by AI could lose steam.  But before we dig deeper, let’s understand AMD’s AI opportunity.  AMD – The AI Opportunity According to its CEO, Lisa Su, AI presents a multi-billion-dollar growth opportunity for AMD. Further, the company  recently launched the MI300X accelerator, its AI offering, to compete with Nvidia ( NASDAQ:NVDA ). Adding to these positives, the company announced at its Advancing AI event on Wednesday that top companies like Microsoft ( NASD A Q:MSFT ), Meta Platforms ( NASDAQ:META ), Dell Technologies ( NYSE:DELL ), and other renowned players adopted new AMD Instinct MI300X and MI300A data center AI accelerators for training and inference solutions.  Further, Su added that while AI presents plenty of growth opportunities, the data center accelerator TAM (total addressable market) is expected to grow from the initial $150 billion prediction to over $400 billion by 2027, at a rate of more than 70% annually. All these points indicate that AMD stock will benefit from the AI-led tailwinds. The Concerns Surrounding AMD Stock While the AI TAM outlook has increased, AMD’s management has left the Data Center GPU revenue forecast unchanged for 2024, which raises concern. Speaking at the Barclays Global Technology Conference on December 7, AMD’s  CFO Jean Hu reiterated the earlier guidance and expects the Data Center GPU revenue to surpass $2 billion in 2024.  Highlighting the same, Mizuho Securities analyst Vijay Rakesh said, “There is some investor concern on AMD not raising its AI or overall 2024 outlook despite the higher TAM.” Nonetheless, Rakesh maintained a Buy rating on AMD stock on December 6. However, his price target of $130 indicates a limited upside potential of 1.27% from current levels.  What is the Prediction for AMD Stock? Wall Street analysts are cautiously optimistic about AMD stock. With 25 Buy and nine Hold recommendations, AMD stock has a Moderate Buy consensus rating. Further, the  average AMD stock price target of $129.45 implies 0.84% upside potential from current levels. Bottom Line  The unchanged 2024 guidance despite growing TAM, near-term weakness in the Gaming and Embedded segments, and the significant rally in its share price could limit the upside potential in AMD stock. This is reflected in analysts’ average price target. Disclosure
TipRanks

Stalled EU AI Act talks set to resume

2 years 9 months ago
EU lawmakers will return to the negotiating table for a third day on Friday to try to resolve major differences over laws regulating artificial intelligence, the first of its kind as the world grapples with implications of the fast-growing technology.
Reuters
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