10 Important AI Announcements for Investors

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) offers a variety of AI-driven solutions, including cloud services, productivity tools, and enterprise applications, designed to improve business operations and security. The company incorporates AI across its cloud computing, data analytics, and automation services to improve customer and business interactions.

Wolfe Research analyst Alex Zukin increased Microsoft’s (NASDAQ:MSFT) price target from $495 to $515 and maintained an Outperform rating on the stock. In a research note, Zukin expressed strong excitement about the software sector heading into 2025. He pointed out that improving business fundamentals, a more relaxed regulatory environment, AI-driven growth, and a healthy capital market create an ideal environment for software companies to thrive. Zukin believes this combination makes it an exciting time to be involved in the software industry.