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Microsoft (MSFT) Plummets on Earnings Miss, Raised AI Spending, and Cloud Growth Slowdown

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Microsoft's disappointing earnings revealed higher AI spending and slower cloud growth, triggering a sharp 9.99% stock decline and broader tech selloff including ServiceNow and Workday, while Meta rallied post-earnings.
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MSFT price history

495.63 +5.23% over the displayed period

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