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Microsoft (MSFT) Plummets 12% on Cloud Revenue Miss and AI Spending Worries

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Microsoft shares plunged 12% after disappointing cloud revenue amid heavy AI investments, dragging the tech sector lower, while Meta surged 10% on strong forecasts.
  • Broader uncertainties, including Fed leadership and geopolitical risks, fuel cautious investor sentiment.
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MSFT price history

497.12 +3.04% over the displayed period

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