Microsoft's latest stumble in the market is not about a missed earnings print, but about expectations for how fast its artificial intelligence software can turn hype into hard revenue What's going on at microsoft (nasdaq:msft) Read today's msft news from trusted media outlets at marketbeat. Shares of tech giant microsoft (msft +0.43%) fell on wednesday, retreating as much as 3% early in the day before recovering to just a 1.6% decline as of 12:34 pm edt Microsoft on tuesday unveiled $23 billion in new artificial intelligence investments, with the bulk earmarked for india as the u.s Microsoft stock sank after a report that multiple sales teams for the company's azure foundry product missed growth goals in the last fiscal year.
Broadcom stock rose and marvell stock fell monday on a disputed report that microsoft is in talks to move its custom chip business. Microsoft is making another round of layoffs, a few weeks after cutting nearly 3% of its global workforce, reflecting an ongoing effort to streamline its operations.
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