Artificial intelligence is transforming these two tech giants into better businesses as well as generating AI-related revenue.

Shares of Microsoft Corp. slumped 1.00% to $430.81 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.29% to 5,618.26 and Dow Jones Industrial Average falling 0.

Microsoft's share repurchase program, which has no expiration date, replaces its previous $60 billion authorization announced four years ago. Meanwhile, investors also cheered the news that shareholders of record as of Nov. 21 will receive a quarterly dividend of 83 cents per share, up from the current 75 cents a share.

Microsoft has announced a $60 billion stock buyback plan, the largest in its history, and a 10% dividend increase.

We recently compiled a list of the Jim Cramer’s Top 10 Stock Picks You Can’t Ignore. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against Jim Cramer’s top stock picks.

One of the magnificent 7 stocks, Microsoft Corporation MSFT, is part of the $3 trillion club as its shares have seen an impressive run over the past few years. However, after hitting a record high on July 5,