Satya Nadella, CEO of Microsoft, speaks on May 1, 2024 at the Microsoft Build Ai Day in Bangkok, Thailand.
Chalainee Thirasupa | Reuters
With about 10 minutes until the market closes, Microsoft's A share was down for the week. It would be the first eight -week defeat since 2008.
But the shares appeared shortly before the end of the trade and set up the stock for the week by 0.7% to close $ 391.26. It has still dropped by 7% for the year.
The last time Microsoft had a weekly slump, as it was between January and February 2008, when the country was in the middle of a financial crisis. Microsoft shares fell nine weeks in a row.
Microsoft's 2025 Downraft is remarkable because the company is considered a centrally centrally considered boom for artificial intelligence. It has a strong participation in Openaai, invests strongly in the Azure -Cloud infrastructure and offers many products that include generative AI technologies.
Together with the Megacap colleagues, Microsoft recently had a retreat to consideration that the tariffs and the massive cost cuts of President Donald Trump will affect the economy, which may lead to a recession.
Since Microsoft reached a final high of $ 467.56 in July 2024, it has dropped by about 16%and market capitalization increased to $ 2.9 trillion. The company published disappointing benefits on January 30th.
In the Cloud and AI, the competition of rivals such as Amazon and Google as well as emerging startups is heated across the board. Early this week, Google announced his intention to acquire Cloud Security Startup Wiz for $ 32 billion.
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