Amazon (NASDAQ: AMZN) is the largest e-commerce marketplace in North America, and the global leader in cloud computing. Even so, the stock has significantly underperformed the broader market over the past year, and macroeconomic challenges could slow the company's growth in the c
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Technology giant Microsoft (MSFT) has teamed up with the Hellenic Ministry of Culture and Sport for a special project called Ancient Olympia: Common Grounds. With the help of AI, the collaboration aims at digitally preserving and restoring ancient Olympia, the original home of the Olympic games.
Through the digital revival project, viewers around the world will be able to explore ancient Olympia the way it was 2,000 years ago. They can indulge in an engaging experience through an interactive mobile app, a web-based desktop experience, or a Microsoft HoloLens 2 exhibition at the Athens Olympic Museum.
Overall, 27 monuments will be digitally preserved at the site including the original Olympic Stadium, the temples of Zeus and Hera, and the workshop of the renowned sculptor Phidias.
Through the use of 3D technology, the monuments will be brought to life in a realistic way, and will include historical timelines of the site's changes over time, based on the research by the Hellenic Ministry's expert archaeologists. (See Microsoft stock chart on TipRanks)
Management Weighs In
Brad Smith, President and Vice Chairman at Microsoft, commented, “The project to digitally preserve ancient Olympia is a stunning achievement in cultural heritage, bringing together humanity and cutting-edge technology to benefit the world and empower coming generations with new ways to explore our past."
Wall Street’s Take
Consensus among analysts is a Strong Buy based on 22 Buys and 1 Hold. The average Microsoft price target of $364.36 implies upside potential of 10.15% from current levels.
Microsoft scores a 7 out of 10 on TipRanks’ Smart Score rating system, indicating that the stock is likely to perform in line with market expectations. Shares have gained 35% over the past year.
The metaverse is unquestionably the hottest stock market topic in recent weeks. In fact, the word metaverse is being overused, and perhaps misused. What exactly is the metaverse? As with most things, it depends on whom you ask. There are a few definitions, and I believe it is saf
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Should Investors Be Watching These Top SaaS Stocks This Week?Even as the broader stock market today appears to be slowing its roll, the Software-as-a-Service (SaaS) industry continues to perform. As such, SaaS stocks could also be viable plays amidst the current market conditions
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