April 27, 2023

By Nigam Arora & Dr. Natasha Arora

Signal(s) to enter, add, reduce, exit, hold or change.

Microsoft (MSFT) wants to be number one in artificial intelligence (AI) and started off strong with the launch of AI chatbot ChatGPT.

Earnings

Microsoft earnings were better than feared.  The emphasis of the conference call was on AI.

Microsoft has incorporated AI into most of its products and is planning new products based on AI.

The Chart

Please click here to see the chart.

• The chart shows the reaction when earnings were released.
• Microsoft does not provide projections with the earnings release.
• The chart shows another leg up in the stock when projections were given on the conference call.