Ives Remains Bullish on Microsoft Amid AI Growth Story

Wedbush Securities analyst Dan Ives remains bullish on Microsoft, predicting that its AI-driven growth story is being underestimated by the market.

Ives believes that Microsoft is entering a monetization phase, with its recent announcements at Build and Copilot reinforcing its position in the ongoing AI and developer arms race.

He views quantum computing expansion as part of a broader 'Fourth Industrial Revolution' trend led by Big Tech companies, including Alphabet and Amazon.

Ives describes Alphabet's $80 billion equity sale as a 'smart way to do it,' positioning the company to take advantage of the trillion-dollar cap back market expected in 2024.