Microsoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns erased $570 billion in value. Weak Azure growth and high capital expenditure outlook weighed on sentiment, though some investors see value at lower valuations.

Microsoft shares plunge 21.6% in June 2026, the worst monthly drop since December 2000, as investors question massive AI capital expenditures and margin

Microsoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns erased $570 billion in value. Weak Azure…