Previous Close | 10.33 |
Open | 10.50 |
Bid | 8.70 |
Ask | 9.00 |
Strike | 330.00 |
Expire Date | 2023-11-17 |
Day's Range | 8.75 - 10.50 |
Contract Range | N/A |
Volume | |
Open Interest | 9.95k |
Artificial intelligence is driving a new growth phase for the world's largest social media company.
Your profit margins are usually vulnerable to rivals both large and small, who are eager to win market share or take advantage of any misstep you might make. Microsoft recently announced that it is raising its dividend by 10% for the second straight year. While its yield remains small compared to other members of the Dow Jones Industrial Average, these double-digit hikes illustrate how Microsoft stands out by having unusually strong finances.
Artificial intelligence has been the talk of the market all year and for good reason. Demand for chips is growing like crazy and new products are coming out almost daily. But one of the biggest AI companies, Microsoft (NASDAQ: MSFT), is cutting back on chip spending, which may be a sign of slowing demand.