#Revenue – Sales-Informer

Microsoft’s Stock Hit Record after Analysts Predict $10 Billion in Yearly AI Revenue

Sales-Informer1 year ago2 months ago03 mins

Microsoft shares reached a record recently after analysts at JPMorgan Chase predicted the growth prospects of the Company in artificial intelligence. The stock increased 3.2% to close at $348.10, breaking its earlier all-time high record in November 2021. AI has been a buzzword all year, since OpenAI in November 2022 released the ChatGPT chatbot, which went viral quickly….

Goldman Sachs Says, AI could increase S&P 500 Profits by 30% Over the Next 10 Years

Sales-Informer1 year ago2 months ago02 mins

Goldman Sachs believes that artificial intelligence technology could help drive S&P 500 profits over the next 10 years. Goldman’s senior strategist Ben Snider said, “Over the next 10 years, AI could increase productivity by 1.5% per year. And that could increase S&P500 profits by 30% or more over the next decade.” The emergence of ChatGPT…