Microsoft Stock Just Did Something It Hasn't Done in 1 Year. Here's What May Happen Next.

Microsoft (NASDAQ: MSFT) is one of the major players in an industry poised to deliver explosive growth in the coming years: artificial intelligence (AI). In fact, this tech giant has already been benefiting from AI as it offers something customers need a lot of these days -- capacity for AI workloads.In recent quarters, this has resulted in growth for Microsoft Azure, the company's cloud business, as it offers AI infrastructure. And in the company's latest quarterly earnings report, delivered just this week, this positive message continued. Microsoft Azure and other cloud revenue surged 39% in the period, and chief executive officer Satya Nadella said, "we are only at the beginning phases of AI diffusion." So there may be a lot more growth to come. Meanwhile, Microsoft's stock hasn't reflected this optimism in recent weeks -- in fact, it recently did something it hasn't done in a year. Let's check it out and see what may happen next.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool