The tech behemoth Microsoft, lately synonymous with game-changing innovations in the AI field due to its association with OpenAI’s ChatGpt, has again dominated headlines. On Tuesday, its stock price rallied to an all-time high of $366.78. On the day, share price increased about 4%, closing at $359.49. This jump marks a 50% ascent for the year.
What’s behind the latest rally?
This post originally appeared on 247WallSt