Why Microsoft Stock Dropped Today
Investment banker Morgan Stanley sounded an alarm on the artificial intelligence industry this morning -- and took a chunk out of 's (NASDAQ: MSFT) market cap when it did it. AI revenue isn't rising as fast as AI cost, and Microsoft could end up poorer as a result.
Shares of the mega-tech hyperscaler stock are down 3.2% through 1:45 p.m. ET.
Image source: Microsoft.
Source Fool.com
Microsoft Corp. Stock
€413.80
-0.580%
The stock is one of the favorites of our community with 150 Buy predictions and 4 Sell predictions.
With a target price of 500 € there is a positive potential of 20.83% for Microsoft Corp. compared to the current price of 413.8 €.
