1 No-Brainer Artificial Intelligence (AI) Stock to Buy Now and Hold Forever [Yahoo! Finance]
Microsoft Corporation (MSFT)
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Source: Yahoo! Finance
potential to raise productivity and contribute significantly to the global economy in the long run. McKinsey estimates that generative AI could increase labor productivity at an annual rate of 0.1% to 0.6% through 2040. PwC, on the other hand, is expecting AI to contribute $15.7 trillion to the global economy by 2030, of which $6.6 trillion will be on account of productivity gains. Investors would therefore do well to invest in companies that are leveraging AI to enhance productivity. Microsoft (NASDAQ: MSFT) is one such company that is using AI to boost productivity, so it may be a good idea to buy it right now and hold it for a long, long time. Let's take a closer look at the reasons why. Microsoft's AI-driven productivity tools are witnessing solid demand Microsoft has been making the most of its partnership with OpenAI to improve its workplace collaboration tools to enhance productivity. Last year, the tech giant introduced Microsoft 365 Copilot, a solution powered by larg
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- Microsoft's Surface AI event: news, rumors, and lots of Qualcomm laptops [Verge, The]Verge, The
- Top Research Reports for Microsoft, Eli Lilly & Costco [Yahoo! Finance]Yahoo! Finance
- Microsoft Co. (NASDAQ: MSFT) had its price target raised by analysts at Macquarie from $460.00 to $475.00. They now have an "outperform" rating on the stock.MarketBeat
- British watchdog says it will not probe Microsoft-Mistral partnership [Yahoo! Finance]Yahoo! Finance
- Microsoft Co. (NASDAQ: MSFT) had its price target raised by analysts at Royal Bank of Canada from $450.00 to $500.00. They now have an "outperform" rating on the stock.MarketBeat
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