US EditionMicrosoft Suffers $452 Billion Stock Rout as Investors Question AI Spending
5 Articles
5 Articles
Suffers its biggest stock market drop since the pandemic despite recording better quarterly data than predicted
Microsoft has suffered a huge setback in the market. With this, $424 billion (Rs 39 lakh crore) has disappeared from the company's market value. This is the biggest setback in the company's history. It is expected to receive a proportional return on the investment made in AI...
Microsoft's shares (MSFT) registered a drop of 9.9% to $433,5. This variation represents a loss of market capitalization close to $357,395 million in a single session, being the second largest daily drop in value for a listed company, just behind Nvidia (NVDA), which last year erased $589 billion in one day.See more: Microsoft's action collapses and Meta's shoots: what does Wall Street say about investing?Microsoft's capitalization went from $3.…
Microsoft sell-off etches $400 billion hole in market, second highest on record
The post Microsoft sell-off etches $400 billion hole in market, second highest on record appeared on BitcoinEthereumNews.com. Microsoft’s (MSFT) post-earnings cratering on Thursday sent other indices into pullback mode despite the narrow nature of its weakness. Although it lost a more serene 4% afterhours on Wednesday following its resounding earnings beat, the Redmond, Washington-based Microsoft sank a solid 12% during the afternoon of Thursday…
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