Microsoft loses $400 billion in hours: What triggered the stock plunge
Microsoft shares plummeted, wiping out over $400 billion in market value, its worst day since March 2020. Investors are concerned about the company's massive AI spending, a slowdown in its cloud segment, and OpenAI's financial stability. Despite high demand, capacity constraints are impacting Azure's growth, leading to calls for a stock revaluation.
Microsoft shares plummeted, wiping out over $400 billion in market value, its worst day since March 2020. Investors are concerned about the company's massive AI spending, a slowdown in its cloud segment, and OpenAI's financial stability. Despite high demand, capacity constraints are impacting Azure's growth, leading to calls for a stock revaluation.
