27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Microsoft Corp (NASDAQ:MSFT) plans to significantly enhance its artificial intelligence (AI) and cloud infrastructure presence in Spain with a $2.1 billion investment over the next two years, according to Vice Chair and President Brad Smith.
This announcement follows closely after the company declared a $3.45 billion AI-focused investment in Germany.
While Microsoft has yet to provide detailed specifics about the Spanish investment upon request, Smith emphasized the initiative’s broader implications, Reuters reports.
Also Read: Battle in the Clouds: How Amazon and Google’s Allegations Might Reshape Microsoft’s Strategy
He highlighted that the investment symbolizes more than the construction of data centers; it reflects Microsoft’s long-standing commitment of 37 years to Spain’s security and the digital transformation of its government, businesses, and citizens.
Last December, Smith and China’s Commerce Minister Wang Wentao held discussions on artificial intelligence and the trade relationship between the U.S. and China.
This meeting comes after a recent dialogue between U.S. President Joe Biden and Chinese President Xi Jinping, signaling efforts by both countries to collaborate on AI and improve the operating conditions for international firms.
Wang conveyed China’s dedication to improving conditions for foreign companies and expressed hope that Microsoft would contribute positively to AI collaboration between the U.S. and China.
Price Action: MSFT shares closed lower by 0.61% at $404.06 on Friday.
Also Read: Microsoft’s AI Future Is Bright After Tapping Altman, OpenAI’s Is Uncertain: Analysts
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo by monticello via Shutterstock
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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