How Microsoft Stock Became the Black Sheep of the AI Trade
2 Articles
2 Articles
How Microsoft stock became the black sheep of the AI trade
Michael Owens/Getty ImagesMicrosoft stock is on pace for its worst month since 2000.The company has been squeezed by capex-spending concerns, as well as a software pullback.Fellow hyperscaler Oracle has also faced similar issues — and similar skepticism from stock investors.When it comes to the elite group of AI stocks known as the Magnificent 7, the winners are pretty well-established.You have Alphabet, which has established itself as the lates…
The ‘seven magnificent’ —Alphabet, Meta, Nvidia, Microsoft, Tesla, Apple and Amazon — have experienced a complicated month due to growing fears around the artificial intelligence industry (AI), which is still far from generating returns commensurate with the huge investments made by the big tech companies. During June, all the companies that make up this group recorded significant losses on the stock exchange, after the rally observed in May, dr…
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