Microsoft(US:MSFT) Sou Hu Cai Jing·2026-01-30 02:43Group 1: Precious Metals - Gold and silver experienced significant declines, with silver dropping by 8% and gold falling below $5,200 per ounce [1] Group 2: Technology Stocks - Major technology stocks saw a collective drop, with Microsoft down 11.73%, Salesforce down 8.33%, and Oracle down 5.73% [4] - The decline in tech stocks is attributed to market skepticism regarding AI spending and concerns about whether demand can support substantial capital expenditures [4] - Over the past three years, the "Big Seven" tech stocks have been the main drivers of market growth, but by the end of 2025, Wall Street began questioning the return on the billions invested in AI by these companies [5] Group 3: Market Trends - Microsoft reported a slowdown in cloud business growth for Q2 of fiscal year 2026 and provided a weak guidance for operating margins in Q3 [5] - Bitcoin fell below $86,000 amid a pullback in risk assets, marking its lowest point in about six weeks [5]