What's Going On With Microsoft Shares
Portfolio Pulse from Henry Khederian
Microsoft shares are trading lower by 1.01% to $338.86, possibly due to the broader market reacting to last week's Fed decision. The Fed paused rate hikes but indicated two more 25-bps hikes this year. Microsoft recently reached an all-time high of $351.47, driven by better-than-expected Q3 results and AI-related momentum.

June 20, 2023 | 6:40 pm
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Microsoft shares are trading lower, potentially due to the broader market reacting to the Fed's decision. The company recently reached an all-time high, driven by strong Q3 results and AI momentum.
Microsoft shares are trading lower, which could be attributed to the broader market reacting to the Fed's decision to pause rate hikes. The company recently reached an all-time high, driven by better-than-expected Q3 results and AI-related momentum. This news may have a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100