Microsoft stock is nosediving; Here's why

Microsoft (NASDAQ: MSFT) shares are under pressure after internal sales adjustments signaled weakening momentum in the company’s push to commercialize its newest artificial intelligence (AI) products.MSFT opened Wednesday extending the premarket slump, down almost 3% at about $476.MSFT one-week stock price chart. Source: FinboldThe drop was driven by investor reaction to fresh concerns about the company’s AI revenue trajectory.The downturn follows reports that several Microsoft divisions have scaled back th ...