Microsoft shares on NASDAQ experienced a slight decline of 0.54% to $452.00, despite UBS raising its price target for the shares from $500 to $525 and maintaining a "Buy" rating.

The revised estimates were influenced by the company's advancements in artificial intelligence and strong cost control measures. UBS expressed confidence in Microsoft's strategic direction and financial management amidst ongoing developments in the tech sector.

UBS's positive outlook is based on Microsoft's progress in artificial intelligence and their ability to effectively manage costs. Despite a slight decline in share price, UBS has raised its price target for Microsoft shares and maintains a "Buy" rating. This demonstrates UBS's confidence in Microsoft's strategic direction and financial management in the ever-evolving tech sector.