Microsoft lost $357 billion in market cap
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Microsoft, cloud growth
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Microsoft dropped 10%, shedding more than $350 billion in market value after its cloud business failed to impress, while Meta gained 10%.
Microsoft’s stock has plummeted 12% due to a slight miss on revenue, showing how spooked investors are by the "spend now, profit later" AI market
Engineers are now focusing on performance, reliability, and the overall Windows experience.
Wall Street analysts remained overwhelmingly bullish on Microsoft, even as the stock dipped 12% post-earnings.
Microsoft issued a second emergency Windows patch in January after earlier fixes caused new bugs, raising concerns about update quality and reliability.
Microsoft is heading into its earnings report this week facing what one analyst calls a "prove it" moment, with investors looking for signs that its massive AI bet is translating into sustained cloud growth.
Microsoft just rolled out Copilot upgrades that make it easier to pick up old chats, handle longer prompts, and use Copilot on Mac and iPhone. Some features arrive in waves, starting with memory in the US.