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
€415.10
-3.040%
With 151 Buy predictions and 4 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 500 € shows a positive potential of 20.45% compared to the current price of 415.1 € for Microsoft Corp..
