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Microsoft (MSFT) stock hit day 8 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -8.3% return. The company has lost about $336 Bil in value over the last 8 days, with its current market capitalization at about $3.7 Tril. The stock remains 18.5% above its value at the end of 2024. This compares with year-to-date returns of 14.4% for the S&P 500.
Microsoft’s recent streak saw investors grappling with escalating AI infrastructure capital outlays weighing on free cash flow, despite robust Q1 results showing 40% Azure AI growth. This, coupled with broader tech market jitters over stretched AI valuations...