Stock Market Today, Jan. 29: Microsoft Falls After Azure Growth Slows and AI Spending Raises Investor Concerns

Microsoft (NASDAQ:MSFT), which develops software, services, devices, and solutions worldwide, closed Thursday at $433.50, down 9.99%. Shares declined after earnings and AI capital expenditure updates led investors to focus on slowing Azure cloud growth. Trading volume reached 126.5 million shares, about 366% above its three-month average of 27.1 million shares. Microsoft IPO'd in 1986 and has grown 445,782% since going public. How the markets moved today The S&P 500 dipped 0.17% to 6,966, while the Nasda ...