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Jefferies Touts Microsoft as Top Pick in $26.5T AI Market Boom

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Jefferies named Microsoft, Amazon, and Alphabet top picks in an expanding AI boom with a $26.5 trillion addressable market.
  • Analysts emphasize surging cloud operating margins and a massive $1.67 trillion revenue backlog, downplaying capex concerns and forecasting huge long-term upside.
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