Microsoft stock has risen by 20% this year, hitting a record high, driven by demand for its AI products. The company will release its quarterly report on July 30, highlighting its Copilot AI assistant and AI cloud services. Copilot adoption is growing, with a significant increase in organizations using it within the 365 suite. Azure AI is a key focus, with a 33% revenue growth in the last quarter. Microsoft’s substantial investments in AI are expected to pay off, with potential revenue growth. While the stock is currently expensive, long-term investors may see positive returns in the future.
Read more at Nasdaq: Should You Buy Microsoft Stock Before July 30?