Microsoft Corporation (MSFT)
After hours:
| Previous close | 416.54 |
| Open | 418.04 |
| Bid | 416.01 x 100 |
| Ask | 416.29 x 100 |
| Day's range | 414.97 - 419.75 |
| 52-week range | 323.18 - 468.35 |
| Volume | |
| Avg. volume | 20,003,828 |
| Market cap | 3.093T |
| Beta (5Y monthly) | 0.90 |
| PE ratio (TTM) | 35.20 |
| EPS (TTM) | 11.82 |
| Earnings date | 22 Oct 2024 - 28 Oct 2024 |
| Forward dividend & yield | 3.32 (0.80%) |
| Ex-dividend date | 21 Nov 2024 |
| 1y target est | 496.38 |
Yahoo FinanceThe big winner if OpenAI becomes a for-profit business? Microsoft.
OpenAI is considering transitioning from a nonprofit into a for-profit company, and its deep-pocketed benefactor, Microsoft, has a lot to gain if the ChatGPT developer gets the green light.
- Yahoo Finance Video
How an OpenAI for-profit transition will benefit Microsoft
ChatGPT developer OpenAI is considering a shift from its current non-profit model to a for-profit structure. Specifically, the company is exploring the possibility of becoming a Delaware public benefit corporation — a business model that combines traditional corporate elements with a commitment to public benefit initiatives. Yahoo Finance legal reporter Alexis Keenan delves into the details of this potential transition — highlighting how tech giant Microsoft (MSFT), a major investor in OpenAI, stands to reap substantial benefits from this move. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Angel Smith
Insider MonkeyMicrosoft Corporation (MSFT)’s $13 Billion Bet on AI: OpenAI Becomes Highest Valued Private Company in the U.S.
We recently compiled a list of the 30 AI News Investors Should Not Miss. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the other AI stocks. Artificial intelligence (AI) data centers are one of the hottest topics on Wall Street as companies across the industrial spectrum compete […]
