Microsoft's stock may be ‘dead money' even after historic $357 billion market-cap wipeout

Core Viewpoint - Microsoft's stock declined due to the company's decision to focus on internal AI development rather than prioritizing immediate cloud revenue [1] Group 1 - The decision to prioritize AI development indicates a strategic shift that may impact short-term financial performance [1] - Investors reacted negatively to the news, leading to a significant drop in stock price [1] - The emphasis on AI suggests a long-term vision that could reshape the company's market position [1]