Microsoft’s shares have fallen to their worst first-half performance since the year 2000. Retail investors say the slump is linked to a cooling AI chips supercycle. Some experts claim the downturn lacks a clear reason.
In Europe, officials have opened a case against Microsoft’s cloud division under the new antitrust rules. The tech giant is also planning a massive payout to its shareholders as cloud services and Copilot revenue increase. The mixed signals come while investors monitor the stock’s fall and the rising regulatory attention.