
Global Turmoil: Plane Crash, Iran Crackdown, and AI Doubts Rock Markets
Global Turmoil: Plane Crash, Iran Crackdown, and AI Doubts Rock Markets
Multiple news sources report that Microsoft stock experienced its largest intraday drop since March 2020, plummeting 12% and wiping out approximately $400 billion in valuation, due to a software industry sell-off fueled by concerns over the profitability of AI investments and a slowdown in Azure cloud computing growth. Despite significant capital expenditures and predicted stable growth, Wall Street is concerned about the pace of AI monetization, adding pressure on Microsoft as it navigates data center buildout and competition.

























