Citi increased its price target on Microsoft Corporation (MSFT) to $540 from $480 while keeping a Buy rating on the shares. The bank raised its estimates for Microsoft’s cloud unit, Azure, and is upbeat on its AI offerings.

CoreWeave (CRWV) was on the move again, with shares of the hyperscaler jumping 10% by late morning trading on Wednesday.

CoreWeave Inc.’s rally is running so hot it’s leaving analysts’ stock predictions in the dust. Citi Research more than doubled their 12-month price target on the stock to a Wall Street high Wednesday morning.