MSFT holding support at 500 is very bullish; allows continuation to next earnings and AI monetization.
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Moving on to Microsoft s the week at 492, but shares steady climb up almost 1% this week at 496. Microsoft was also at this Goldman Sachs conference and they are planning to triple its data center capacity to more than 38 gawatts by 2032. That's up from 12 gawatt currently.
The company is still planning to stay cash flow positive, whatever that means. Given the fact that, you know, even a billion dollars of free cash flow is positive on a $3.6 trillion company.
That's certainly not a lot. Although they are still committing to that.
Now, GTA 6 is coming in October, November, like two months. We've got GTA 6, ladies and gentlemen. And right now, download data suggests that PlayStation might be extending its lead over Xbox as gamers are flocking to the PlayStation rather than the Xbox.
Moving to Open AI, company did some interesting things this week, including limiting Adobe and other competitors from advertising in chat GPT.
Microsoft finding support right on its shorterterm moving averages. It's still way over and extended. The fact that it's held this level up at 500, very bullish, allowing this company to maybe get to its next earnings report and continue to monetize AI.
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