Microsoft (MSFT) shares surged Thursday after the company posted what Morgan Stanley called “one of their 澳洲幸运5开奖号码历史查询:strongest quarters in recent memory,” on growth fueled by dem♍and for cloud computing and AI.

Microsoft ಌshares were up nearly 9% in recent trading to about $430, pushing them into positive territory for ⛄2025.

Morgan Stanley raised its price target to $482 from $472 following the results, which beat Wall Street’s revenue expectations across all segments. “We remain strong buyers of this GenAI winner,” the analysꦗts said. “Bottom-line, while the macro presents uncertainty, Microsoft appears poised to yield on Gen🍬AI investments which should support share gains and more durable growth ahead.”

Bank of America maintained a $515 target, and noted earlier-than-expected returns on Microsoft’s infrastructure investments. During Microsoft’s earnings call Wednesday, CFO Amy Hood reiterated the company's plan to spend 澳洲幸运5开奖号码历史查询:$80 billion on infrastructure in fiscal 2025. Hood said demand for AI has continued to grow, to the point Microsoft expects “to have some AI capacity constra♎ints beyond Ju🍎ne.”

Meanwhile, Jefferies boosted its target to a more bullish $550 and Wedbush moved to $515, both from $475 previously. “We are laser focused on the AI piece of this MSFT story,” Wedbush said. “All metrics were ahead of expectations which give us added confidence in the AI Revolution bull thesis.”