Market News / Story
Microsoft Keeps Winning in AI. The Stock Is Still Waiting
GuruFocus ·
GuruFocus reports: Software and cloud computing firm Microsoft Corp. (MSFT, Financials) looks to have what many AI competitors want: the confidence of huge business clients. That benefit has not led to the type of stock performance investors may hope for. Microsoft has topped profit projections in six straight quarters, although its shares are still around where they were a year ago. One factor is the cost of developing for the AI surge. Capital spending is set at $116 billion and free cash…