MSFT Stock Recent News

The most exciting time of the year is finally here – earnings season. This is when prospective investors eagerly wait to see how the market is doing and professional investors try to time their moves.

Palantir might be a smaller company, but that doesn't automatically make Microsoft the better investment.

In many ways thanks to being an early backer of current-generation artificial intelligence (AI) technology with its extensive cooperation with OpenAI – the creators of ChatGPT – Microsoft (NASDAQ: MSFT) has enjoyed a significant and protracted rise in the stock market.

CNBC's Steve Kovach joins 'Power Lunch' to report on Microsoft's UAE AI deal.

Microsoft (MSFT) invests $1.5 billion in G42, a leading UAE-based artificial intelligence technology holding company, to enhance the country's position as a global AI hub.

Interestingly, many of G42's apps and services already use generative AI models from Microsoft-backed OpenAI under a partnership announced last year.

Microsoft has invested $1.5 billion in Abu Dhabi-based artificial intelligence (AI) firm G42. The investment is the latest in a series of collaborations for the company and marks the latest example of the United Arab Emirates' (UAE) growing importance in the AI space.

Data security company Rubrik Inc. has set terms for its initial public offering, which puts it on course to be valued are more than $5 billion.

Shares in Microsoft (MSFT) gain attention Tuesday morning after the legacy computing giant said it has made a $1.5 billion investment in United Arab Emirates-based artificial intelligence (AI) firm G42, aimed at expanding AI technologies and skilling initiatives across the region and globally.

Microsoft stock (NASDAQ: MSFT ) continues to rollout new artificial intelligence features that will drive its earnings and stock higher in the coming months and years. Microsoft stock currently has a “strong buy” rating based on the views of 35 Wall Street analysts who track the company's progress.