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Analyst Sees Upside in Microsoft Corporation (NASDAQ:MSFT) on Rate Cuts

We recently published a list of 10 AI News and Analyst Ratings You Should Not MissSince Microsoft Corporation (NASDAQ:MSFT) ranks 1st on the list, it deserves a deeper look.

While everyone is talking about rate cuts, some analysts are questioning whether it was necessary even to start cutting rates at this time. Latest data released on Tuesday showed retail sales in the US rose while Wall Street analysts were expecting to see a decline. Oksana Aronov, JPMorgan Asset Management head of market strategy for alternative fixed income, said while talking to CNBC that rate cuts are not even...