finance.yahoo.com / Yahoo! Finance
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2024-11-22 12:00:23
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npub1vap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aessgrwc3nSeen on
wss://articles.layer3.newsPublished at
2024-11-22 12:00:23Event JSON
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"Microsoft has invested nearly $14 billion in OpenAI, giving it access to advanced AI technology. The company has integrated AI into its Office 365 software and Azure cloud computing services, which has led to a 70% adoption rate among Fortune 500 companies. Microsoft's AI businesses are on track to have an annual revenue run rate of $10 billion, and the company's cloud computing services revenue rose 33% in the latest quarter. With a relatively low price-to-earnings ratio of 34, Microsoft stock looks like a great place to invest $1,000 right now."
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