Microsoft’s shares have fallen to their worst first-half results since the year 2000. Retail investors believe the slump is tied with a cooling AI chips supercycle. Some experts claim the pullback lacks a clear explanation.
In Europe, regulators have launched a probe against Microsoft’s cloud unit under the new “gatekeeper” rules. The company is also preparing a massive payout to the shareholders as cloud services and Copilot revenue increase. The contrasting signals come while traders observe the stock’s slide and the rising regulatory scrutiny.