Microsoft Stock (MSFT)

I have spent an extraordinary amount of time over the last two years analyzing AI — whether AI will really produce productivity, if the capital spending spree will generate a reasonable return on invested capital, etc. The more than 260 “More Tales From Nvidia” columns I have written are literally the tip of the analytical …

Regrets, I’ve had a fewBut then again, too few to mentionI did what I had to doAnd saw it through without exemption I planned each charted courseEach careful step along the bywayAnd more, much, much moreI did it, I did it my way – Frank Sinatra, My Way Frank Sinatra – My Way | Live from …

* But there are important differences which will likely produce more muted downside to the hyperscalers and more muted upside to consumer staples… “History doesn’t repeat itself, but it often rhymes.” – (Attributed to) Mark Twain The U.S. stock market is starting to look like the spring of 2000 when the dot-com boom came to a halt …

TD analyst Derrick Wood said the following on $MSFT today: Datacenter capacity growth supports our estimated 35% Azure revenue CAGR through FY31. We model capacity rising from ~11.5 GW in FY26 to ~36.6 GW in FY31, adding about 16 GW of GPU capacity and 9 GW of CPU capacity. We think Azure revenue reaches $461B …

During Q3 2026 four equities (stimulated by perceived AI growth opportunities) — $MSFT, $NVDA, $AAPL and $META — added about 300 points to the gain in the S&P index, representing more than 200% of the index’s total gain. The other 496 stocks subtracted approximately 150 points: Back to AI “concentration” credit risks — specifically that private …