Microsoft (msft) Fell on Heavy AI Capex and Softer Azure Growth

In its first-quarter 2026 investor letter, Columbia Global Technology Growth Fund highlighted stocks such as Microsoft Corporation (NASDAQ:MSFT). Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices,

In its first-quarter 2026 investor letter, Columbia Global Technology Growth Fund highlighted stocks such as Microsoft Corporation (NASDAQ:MSFT).

Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices, and solutions, holding dominant positions in software, cloud infrastructure, generative AI, and gaming

On June 15, 2026, Microsoft Corporation (NASDAQ:MSFT) closed at $399.76 per share. One-month return of Microsoft Corporation (NASDAQ:MSFT) was -5.64%, and its shares lost 17.61% over the past 52 weeks. Microsoft Corporation (NASDAQ:MSFT) has a market capitalization of $2.97 trillion.

Columbia Global Technology Growth Fund stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its Q1 2026 investor letter: “Microsoft Corporation (NASDAQ:MSFT) shares declined about 25% during the quarter, marking the company’s steepest quarterly loss since the fourth quarter of 2008 and making it the worst performer among the Magnificent Seven stocks (Alphabet, Amazon, Apple, Microsoft, NVIDIA, Meta Platforms and Tesla). Microsoft reported strong quarterly results but guided to quarterly capital expenditures of $37.5 billion, a 66% increase to fund its AI data-center buildout. Microsoft’s cloud-computing business Azure showed modest deceleration for the first time in years.

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