Microsoft Shares Rise 1.7% as Stock Nears Record High
Microsoft shares were up 1.7% at $549.74 Tuesday after the company reclaimed a market capitalization above $4 trillion on Monday. The article says the stock could rise further if its AI spending generates solid returns.
Microsoft shares were on track for a record high Tuesday after the company’s market capitalization topped $4 trillion again on Monday. The stock could rise further if the company earns solid returns on its artificial-intelligence spending. 74 on…