11 AI News and Ratings You Should Not Miss

Page 10 of 11

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. On November 5, Morgan Stanley analyst Brian Nowak released an investor note on the AI industry, forecasting that hyperscaler CapEx would reach close to $300 billion in 2025, with Microsoft being one of the heaviest spenders in the AI race. Per Novak, the tech firm would raise CapEx to close to $90 billion next year. The note detailed that Microsoft was a top spender in the AI space as it continued to build out public cloud adoption and AI. Novak added that multiple expansion and positive estimate revisions would come for the firm from greater than expected strength in commercial business in coming years.

Page 10 of 11