Microsoft Hits Record High Amid Strong Tech Sector Momentum: What's Going On?
1. MSFT shares hit a record high of $469.65 amid strong market trends. 2. Software spending expected to grow nearly 10% yearly despite macro uncertainties. 3. MSFT among six firms exceeding earnings estimates, contributing to high market cap gains. 4. Analysts caution on stretched valuations with MSFT’s P/E near 27. 5. AI and cloud growth positions MSFT as a leader in tech innovation.