Microsoft Faces Worst Quarterly Performance Since 2008 Amid AI Concerns

Microsoft's stock continues to decline, marking a nine-day losing streak and a drop of over 32% from its peak. According to PANews, this downturn is poised to become the company's worst quarterly performance since the 2008 financial crisis. The decline is attributed to concerns over investments in AI infrastructure and competition from AI startups, which are impacting Microsoft's growth prospects.