What's Going On With Microsoft Stock Tuesday?
Portfolio Pulse from Anusuya Lahiri
Microsoft Corp (NASDAQ:MSFT) stock is trading higher after announcing Bing Chat Enterprise and Microsoft 365 Copilot pricing. The company is expanding Bing to reach new audiences and has announced Visual Search in Chat. Microsoft also disclosed expanding its AI partnership with Meta Platforms Inc (NASDAQ:META) with Llama 2 on Azure and Windows. MSFT shares traded higher by 5.8% at $365.65.
July 18, 2023 | 5:49 pm
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POSITIVE IMPACT
Meta Platforms Inc is expanding its AI partnership with Microsoft, which includes support for the Llama 2 family of large language models on Azure and Windows.
The expansion of Meta's AI partnership with Microsoft, including support for Llama 2 on Azure and Windows, is a positive development for the company and likely to boost investor confidence.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Microsoft's stock is trading higher after the announcement of new products and pricing, and the expansion of its AI partnership with Meta.
The announcement of new products and pricing, as well as the expansion of its AI partnership with Meta, are positive developments for Microsoft and likely to boost investor confidence, leading to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100