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Author: Andromeda ✧  😊 😞
Number: of 31 
Subject: Re: Why MSFT was up 4% today
Date: 07/18/2023 9:41 PM
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Good insight mechinv. Thank you! AI is hot right now and having a big impact on stock prices when companies report new AI products. I'm not sure how they define "AI products" .. "hitting $10 billion" though, as presumably the AI is largely enhancing existing products (or worse, having to remain competitive with other people investing a lot of development costs into AI) rather than creating new categories. Though we'll get some the latter too I guess.
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