Microsoft closes its worst quarter on Wall Street since the 2008, as almost all OpenAI gains wiped out
Microsoft experienced its steepest quarterly stock decline since 2008, dropping 23% due to investor concerns about its AI strategy and the balance between heavy investment and growth. Despite a brief recovery, the company faces intensifying competition from OpenAI and others, alongside rising costs and limited adoption of its Copilot assistant.
Microsoft experienced its steepest quarterly stock decline since 2008, dropping 23% due to investor concerns about its AI strategy and the balance between heavy investment and growth. Despite a brief recovery, the company faces intensifying competition from OpenAI and others, alongside rising costs and limited adoption of its Copilot assistant.
