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“Delivering Trust”: Microsoft Stock (NASDAQ:MSFT) Slips Despite New Deal with Workday (WDAY)

Story Highlights

Microsoft and Workday get together to produce a new tool for AI agents, and the Xbox PC app gets an expansion.

“Delivering Trust”: Microsoft Stock (NASDAQ:MSFT) Slips Despite New Deal with Workday (WDAY)

It should come as no surprise that a lot of people do not trust artificial intelligence (AI) today. Between a legion of science fiction casting AI as the villain—GLaDOS and Skynet might top the list—and the whole matter of AI “hallucinations” casting doubt on everything it says, this can be a problem. But tech giant Microsoft (MSFT) very much wants that to change, and is working with Workday (WDAY) to get there. Investors were not exactly pleased, though, as Microsoft shares slid fractionally in Tuesday afternoon’s trading.

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The new combination brings together the Workday Agent System of Record (ASOR) and Microsoft Entra Agent ID to produce a serious new management tool for both people and AI agents. With these two systems working together, every agent built on a Microsoft platform will have a verified identity, as well as the necessary context to operate effectively.

Workday’s president of product and technology, Gerrit Kazmaier, noted, “As AI agents become a huge part of how we work, managing and securing them across different systems is a real challenge. Our commitment to an open ecosystem is about giving organizations the flexibility to build their fleet of AI agents on the platform of their choice. Through our strategic partnership with Microsoft, we’re giving organizations one secure system to manage both their people and their AI agents – so they can focus on results, not complexity.”

Xbox PC Branching Out

While many of us wonder if the next Xbox will come with Steam support, reports suggest we may be getting closer to that point. The Xbox PC app now offers an “aggregated gaming library” which will not only add items from Steam, but also from Battle.net and several other storefronts as well. Xbox Insiders have been testing the library for some time now, but Xbox PC app users are now in on the action.

Sadly, the Xbox PC app cannot actually be used on an Xbox, reports note, but we certainly seem to be getting closer to a time when the Xbox lineup not only plays Xbox games, but also PC games, to at least some degree.

Is Microsoft a Buy, Hold or Sell?

Turning to Wall Street, analysts have a Strong Buy consensus rating on MSFT stock based on 34 Buys and one Hold assigned in the past three months, as indicated by the graphic below. After an 18.43% rally in its share price over the past year, the average MSFT price target of $625.78 per share implies 21.86% upside potential.

See more MSFT analyst ratings

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