Why Microsoft Stock Dropped Today
Morgan Stanley sounds the alarm on hyperscaler creditworthiness. Should Microsoft investors be worried?
Overview
Investment banker Morgan Stanley sounded an alarm on the artificial intelligence industry this morning -- and took a chunk out of Microsoft'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.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.