Microsoft stock slumps 5% on disappointing revenue outlook

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Here’s why investors pummeled Microsoft’s stock after it beat revenue and profit forecasts

Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.

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Microsoft stock slumps 5% on disappointing revenue outlook

Microsoft shares dropped 5% despite topping fiscal second-quarter estimates due to weak guidance.

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Microsoft lost $200 billion in its market value after its vast cloud division reported slower-than-expected growth.

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Microsoft Cloud Growth Disappoints, AI Competition Looms

Redmond, Washington: Microsoft’s stock fell 4.5% in after-hours trading on Wednesday after the company forecast slower growth in its cloud computing business, raising concerns about AI monetization, rising costs, and competition from cheaper Chinese AI models. Despite beating overall revenue estimates, Microsoft’s Azure cloud division reported 31% revenue growth, missing Wall Street’s expectation of 31.8%. The company expects 31-32% growth in th…

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Microsoft stock fell 5%+ after saying it expects revenues for the current quarter to range between $67.7B and $68.7B, compared to the estimated $69.78B

Microsoft shares dropped more than 6% after issuing weak current-quarter guidance after the bell Wednesday. The software giant topped Wall Street's fiscal second-quarter estimates, posting earnings of $3.23 per share on $69.63 billion in revenue. That surpassed the EPS of $3.11 and $68.78 billion…

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Microsoft's stock fell 5%+ after saying it expects revenues for the current quarter to range between $67.7B and $68.7B, compared to $69.78B est.

Samantha Subin / CNBC: Microsoft's stock fell 5%+ after saying it expects revenues for the current quarter to range between $67.7B and $68.7B, compared to $69.78B est.  —  Microsoft shares dropped more than 6% after issuing weak current-quarter guidance after the bell Wednesday.  —  The software giant topped …