GameStop stock jumps after White House reposts console wars declaration

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Wolfe on Microsoft (MSFT): 'We think the cleaner structure of the partnership reduces regulatory risk and reinforces MSFT’s positioning as the dominant AI hyperscaler'

October 28, 2025 1:12 PM EDT

Wolfe Research analyst Alex Zukin reiterated an Outperform rating and $675.00 price target on Microsoft (NASDAQ: MSFT).

The analyst comments "An Open Marriage. The most eagerly anticipated status update outside of the Taylor Swift / Travis Kelce proposal has been the evolving MSFT / OpenAI relationship. Well, today, we finally understand what an open marriage will look like. First, the $250B Azure commitment is not a vague future allocation, its a firm multiyear spend anchored in MSFTs immediate ability to deliver compute at scale, helping provide sustained visibility for Azure growth and affirming MSFT's role as AI's... More