Microsoft’s shares have fallen to their worst first-half performance since the year 2000. Small traders say the slump is linked to a cooling AI chips supercycle. Certain analysts claim the pullback lacks a clear reason.
In Europe, regulators have opened a case against Microsoft’s cloud unit under the new antitrust rules. The tech giant is also planning a massive payout to its shareholders as its cloud business and Copilot revenue increase. The contrasting signals come while traders monitor the stock’s fall and the rising regulatory attention.