Microsoft is unlikely to bounce back!
$Microsoft(MSFT)$
During their entire discussion, they focused solely on AI, without mentioning existing technologies. There was no mention of the significant upcoming extensions support for Microsoft Edge on Android. (ublock origin and many other extensions)
The PE ratio remains quite high. 417 share price is still far below the all-time high of 430.
$Alphabet(GOOG)$ $Alphabet(GOOGL)$ ’s recent gains can be attributed to its buyback program, announcement for the first time for dividend, and the controversy surrounding blocking adblockers on YouTube. Additionally, Google’s stock is slightly above its 2022 high point, suggesting a potential rebound. However, this scenario may not apply to Microsoft.
Our gains could be at risk if tomorrow’s PCE data turns out unfavorably.
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