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Dhruva Capital Services Limited (531237) Stock Analysis for Investors ✌️【Investment Portfolio】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. Microsoft stock reached a record high on Monday after the company said that Sam Altman, former chief executive of OpenAI,will join the companyto head its artificial intelligence innovation leg.
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Dhruva Capital Services Limited (531237) Stock Analysis for Investors ✌️【Investment Portfolio】✌️ Expert predictions of stock trends with real-time stock indices, futures, and metals, energy quotes to help you seize investment opportunities. That comes after shares of Microsoft fell 1.7% on Friday, when Sam Altman wasousted from his positionat OpenAI in a boardroom coup. Microsoft is the artificial intelligence firm’s biggest stakeholder, with a $13 billion investment in the company.
Dhruva Capital Services Limited (531237) Stock Analysis for Investors ✌️【Investment Portfolio】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. Altman’s hiring ended days of speculation that the former chief executive could return to the firm after his dramatic firing. Emmett Shear, former CEO of Amazon-owned streaming service Twitch, will replace OpenAI chief technology officer Mira Murati as interim chief executive.
Dhruva Capital Services Limited (531237) Stock Analysis for Investors ✌️【Investment Portfolio】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. Microsoft shares are up about 56% for the year. The stock is one of the “Magnificent Seven” that have powered the lion’s share of the market’s returns this year, boosted by Wall Street’s bet that artificial intelligence is the next big thing in tech.
Dan Ives, tech analyst at Wedbush Securities, reiterated his $425 price target for Microsoft’s stock following Altman’s and Brockman’s hires.
“We view Microsoft now even in a stronger position from an AI perspective with Altman and Brockman” at the company, Ives wrote in a note on Monday.
Other members of the “Magnificent Seven” saw a boost on Monday. Nvidia shares gained 2.3% to end the trading session at $504.20 ahead of its earnings due on Tuesday, notching a record-high close for the chipmaker.
Dhruva Capital Services Limited (531237) Stock Analysis for Investors ✌️【Investment Portfolio】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Tips Group 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
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