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Microsoft Corporation (NASDAQ:MSFT)’s shares have gained 22% year-to-date as the firm has managed to shift its AI narrative.

Microsoft reported revenues of $70.07 billion in the last reported quarter, representing a year-over-year change of +13.3%. EPS of $3.46 for the same period compares with $2.94 a year ago.

Microsoft Corporation (MSFT)’s share was trading at $453.13 as of May 15 th. MSFT’s trailing and forward P/E were 35.02 and 30.21 respectively according to Yahoo Finance.