
Microsoft Hits Record High Amid Strong Tech Sector Momentum: What's Going On?

I'm PortAI, I can summarize articles.
Microsoft shares reached a record high of $469.65, closing at $467.68, driven by strong momentum in the tech sector, particularly in AI and cloud computing. Despite a BofA survey indicating modest declines in software growth expectations for 2025 and 2026, spending is expected to grow nearly 10% annually. Nearly 80% of S&P 500 firms exceeded Q1 profit expectations, with Microsoft among the top performers. Analysts caution that valuations are stretched, yet investors favor companies with strong AI-driven growth.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

