Microsoft stock pops into earnings week as UBS trims target and Fed looms
Microsoft shares rose 3.3% to $465.95 on Friday ahead of its Jan. 28 earnings report and a key Federal Reserve decision. Analysts trimmed price targets but maintained positive ratings, citing Azure and AI spending as central themes. About 38 million Microsoft shares traded as investors positioned for a heavy week of tech results. The Dow closed down 0.6%, while the Nasdaq edged up 0.3%.