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Microsoft's 'game changing' AI products should power the stock 15% higher to record highs in 2024, Wedbush says

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Nov. 16, 2023, 3:30 p.m. | Matthew Fox (mfox@businessinsider.com)

Business Insider www.businessinsider.com

"We estimate for every $100 of cloud Azure spend with MSFT the last few years there is an incremental $35-$40 of AI spend for [MSFT]," Dan Ives said.

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