Microsoft Continues to Reign in Cloud, AI Infrastructure -- Market Talk
Dow Jones
Jul 11, 2025
1411 ET - Microsoft is set to continue capitalizing on the cloud and artificial intelligence opportunity ahead, Piper Sandler analysts say in a note. About 81% of CIOs say they plan to spend more on the tech giant's Azure offering, a share that's risen in the last four straight biannual surveys, the analysts say. Microsoft's Copilot, meanwhile, is still one of the top two AI application picks alongside OpenAI, even as increasingly competitive AI alternatives emerge, they add. They raise their price target on the stock to $600 from $475. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
July 10, 2025 14:11 ET (18:11 GMT)
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