Accelerating earnings growth has "catalyzed" strong stock performance for Microsoft in the past and can do so again, says an analyst.
Microsoft Corp. has been a bit of an artificial-intelligence story lately, thanks to the company’s investment in and partnership with OpenAI, the creator of the hot ChatGPT chatbot.
... Microsoft Corp. has been a bit of an artificial-intelligence story lately, thanks to the company’s investment in and partnership with OpenAI, the creator of the hot ChatGPT chatbot. In his view, earnings acceleration “should bring investors back to Microsoft, given strong stock performance historically aligned to EPS growth and a broader market backdrop where earnings outside of software look to be coming under increasing pressure.”
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