Why Meta, Amazon, and Other "Magnificent Seven" Stocks Rallied Today
There's strong evidence that one of the biggest contributors to the market's ongoing bull market rally is artificial intelligence (AI). The boom that began early last year has continued, though market watchers have been debating whether it could last. Results released today by one member of the auspicious collective known as the "Magnificent Seven" put the debate to rest, at least for the time being.
With that as a backdrop, social media maven Meta Platforms (NASDAQ: META) climbed 4.3%, e-commerce pioneer Amazon (NASDAQ: AMZN) rose 3.1%, and enterprise software giant (NASDAQ: MSFT) climbed 1.9%, as of 1:24 p.m. ET.
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Source Fool.com
Microsoft Corp. Stock
€391.80
1.500%
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 7.2% for Microsoft Corp. compared to the current price of 391.8 €.
