software valuation

Microsoft’s place in the software industry looks less like a runaway growth story and more like a playbook in disciplined scale: high absolute profitability, conservative leverage, and heavy, strategic reinvestment into cloud and AI — a profile that explains why headline valuation multiples can...

Microsoft’s standing in the software industry is less a question of whether it still matters and more a question of how investors should value its mix of steady cash flows, massive scale, and heavy reinvestment into artificial intelligence and cloud infrastructure. Overview Microsoft today sits...