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Why Artificial Intelligence (AI) Won't Destroy Software Companies, According to This Microsoft Executive [Globe and Mail, The (Toronto, Canada)]

Microsoft Corporation (MSFT)  More Company Research Source: Globe and Mail, The
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Software providers typically offer access on a per-seat basis. Software stocks have fallen heavily in value this year, potentially creating some attractive buying opportunities in the process. Many software stocks have been struggling this year due to growing concerns that artificial intelligence (AI) will take over many jobs, put people out of work, and reduce demand for software. One stock that's been doing particularly poorly this year is Microsoft (NASDAQ: MSFT) , which, entering the week, was down 13% -- and that's with it rallying in recent weeks. The doom and gloom around software may be overblown, according to one Microsoft executive, who doesn't believe that it'll cause a significant decline in revenue. In fact, it may even lead to growth opportunities. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue [Read more]

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Stockreport

Why Artificial Intelligence (AI) Won't Destroy Software Companies, According to This Microsoft Executive [Globe and Mail, The (Toronto, Canada)]

Microsoft Corporation  (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Software providers typically offer access on a per-seat basis. Software stocks have fallen heavily in value this year, potentially creating some attractive buying opportunities in the process. Many software stocks have been struggling this year due to growing concerns that artificial intelligence (AI) will take over many jobs, put people out of work, and reduce demand for software. One stock that's been doing particularly poorly this year is Microsoft (NASDAQ: MSFT) , which, entering the week, was down 13% -- and that's with it rallying in recent weeks. The doom and gloom around software may be overblown, according to one Microsoft executive, who doesn't believe that it'll cause a significant decline in revenue. In fact, it may even lead to growth opportunities. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue [Read more]

IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS