Microsoft (MSFT) Stock Breaks $500 as Spending Fears Grow
TLDR MSFT stock slipped below $500 as investors reassessed Microsoft’s rising AI infrastructure costs and future returns. Microsoft spent about $41 billion on capital expenditure in its fiscal fourth quarter, with much of it tied to AI hardware. An Outlook outage added fresh pressure after thousands of users reported service disruptions beginning August 31. Microsoft [...]
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Source: Source: Blockonomi