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Why Microsoft Stock Was Getting Slammed Today

TheMotleyFool 
0 0 21.04.25
Why Microsoft Stock Was Getting Slammed TodayPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Art Wolfe: https://img.theapi.app/temp/12e2798a-1095-4653-8f49-2a7aee633b4e.png
 

The kickoff of a high-profile antitrust case against a peer and an analyst's price target reduction put the hurt on Microsoft (NASDAQ: MSFT) shares Monday. The tech giant wasn't looking all that mighty on the exchange, with a more than 3% drop in price in late afternoon trading.

It was generally a bearish day for big tech as a whole, with search titan taking an uncomfortable turn in the spotlight.

The U.S. Department of Justice's artificial intelligence (AI)-related suit against the company began. The government agency claimed that strong legal measures are needed to prevent the company from using AI functionalities to make it even more dominant in search.

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Source Fool.com

Alphabet Inc. C Stock

€309.30
6.930%
A very strong showing by Alphabet Inc. C today, with an increase of €20.05 (6.930%) compared to yesterday's price.
Our community is currently high on Alphabet Inc. C with 68 Buy predictions and 5 Sell predictions.
With a target price of 367 € there is a slightly positive potential of 18.66% for Alphabet Inc. C compared to the current price of 309.3 €.
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