Microsoft should see its per-share earnings double before the end of the decade, thanks to its strong traction in cloud computing and artificial intelligence software, Morgan Stanley says. In an aggressively bullish research note on the software giant, analyst Keith Weiss repeated his Overweight rating on Microsoft stock. Microsoft shares were down fractionally Thursday morning at about $423...

From Windows and Azure to Word and Xbox, Microsoft’s (MSFT) products have made it a household name and tech powerhouse. In 2023 alone, the company generated over $211 billion in revenue, and currently boasts a market cap of more than $3 trillion, making it the wealthiest publicly traded company in the world. What led to that success? Beyond the Ticker takes a closer look at the company's biggest moments. 1975 Bill Gates and Paul Allen founded Microsoft in 1975 to develop software for the Altair 8800, an early personal computer. 1980 Microsoft signed a contract with IBM (IBM) to bundle Microsoft's operating system, an early version of its MS-DOS, with IBM computers. 1985 Microsoft announced the first version of Windows, an operating system composed of a graphical user interface running on top of MS-DOS. 1986 On March 13, 1986, Microsoft kicked off its IPO, raising $61 million at $21 per share. 1995 On August 24, 1995, Microsoft launched Windows 95. The software would go on to be wildly popular among PC consumers and enterprise customers. 2000 Steve Ballmer took the reins at Microsoft, succeeding Bill Gates as the company’s second CEO. 2001 The company jumped headlong into the console gaming wars with the debut of the first Xbox. 2008 Microsoft dove into the cloud computing space with its Azure service. 2014 Ballmer retired as Microsoft CEO, turning over the position to Satya Nadella. 2019 Microsoft’s market cap crossed the $1 trillion mark for the first time. 2023 Microsoft kicked off its push into generative AI with a $10 billion investment in ChatGPT developer OpenAI, and the debut of several generative AI products including its revamped Bing search engine and Copilot software. The company is now riding the AI hype train as far as it can, adding generative AI software to everything from Office to Windows and everything in between. From tech giants to retail titans, Beyond the Ticker is a historical series that takes a deep dive into some of Wall Street's trending companies and how they transformed into the financial icons they are today. Check out more of our Beyond the Ticker series, and be sure to tune in to Yahoo Finance. Editor's note: This video was produced by Zach Faulds...

The Dow fell after initially rising on the PPI inflation report on the stock market today. Analysts hiked Microsoft and Nvidia price targets...