The article discusses Wedbush analyst Dan Ives’ decision to raise the price target for Microsoft’s stock from $340 to $365, citing the company’s strong positioning in the artificial intelligence (AI) space with its Copilot product and Azure cloud platform. Ives believes Microsoft’s AI strategy, led by CEO Satya Nadella, could drive a $3 trillion market opportunity by 2024. The article highlights Microsoft’s AI capabilities, including the integration of Copilot into Office apps and the potential for Azure to benefit from AI workloads. Ives sees Microsoft as a “key beneficiary” of the AI boom and expects the company’s AI efforts to drive significant growth in the coming years. The article also mentions Microsoft’s recent partnership with OpenAI and the potential impact of AI on various industries.