$Microsoft(MSFT)$ Microsoft has big opportunities in cloud computing and cybersecurity, and it recently partnered with Netflix$Netflix(NFLX)$ indigital advertising. Specifically, it will provide the ad-tech platforms for Netflix's ad-supported streaming service, which will probably launch in 2023. Despite recent headwinds, Netflix is still the most popular premium streaming service, and its foray into ad-supported content could materially strengthen Microsoft's position in the digital ad industry.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments