Microsoft's stock saw its biggest daily decline since 2020 on Thursday after investors were dismayed by its cloud computing business not growing enough.

Investors wanted more Azure cloud growth to justify a 66% year-over-year increase in capital expenditures.

Wall Street analysts remained overwhelmingly bullish on Microsoft, even as the stock dipped 12% post-earnings.

Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.

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Jay Woods of Freedom Capital Markets takes a look at the Microsoft charts.

Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.

The software company was alone responsible for more than two-thirds of the S&P 500's drop.

The drop comes amid stalling growth for its cloud computing software as OpenAI investments are questioned.

As investors sold shares of Microsoft on Thursday, the $3.22 trillion company dragged down the software complex and the S&P 500 index.

Microsoft's stock saw its biggest daily decline since 2020 on Thursday after investors were dismayed by its cloud computing business not growing enough.

Microsoft's stock tumbled 12.5% to a low print of the day of $421 on Thursday, slicing off more than $400 billion in market value.