Microsoft stock is headed for its worst month since 2000. Here's why Wall Street is punishing AI infrastructure spending.
Shares of Microsoft Corp.
(NASDAQ:MSFT) are down over 20% in June, on pace for the steepest monthly drop since December 2000.
Twelve months ago, the Redmond, Washington-based company's market cap hovered around $4 trillion.
Today, it's at $2.65 trillion, behind Nvidia Corp.
(NASDAQ:NVDA), Apple Inc.
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With Microsoft losing almost a quarter of its value this year, investors have reset the company's earnings multiple to the lowest…
The drop comes amid stalling growth for its cloud computing software as OpenAI investments are questioned.
Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.
Microsoft's market cap drops below $3 trillion as AI investment concerns and slowing cloud growth weigh on the stock after a…
As investors sold shares of Microsoft on Thursday, the $3.22 trillion company dragged down the software complex and the S&P 500…
