Core Viewpoint - Microsoft's stock experienced a decline of 2.13% on February 11, 2026, closing at $404.45, primarily due to ongoing market concerns regarding the company's financial health and capital expenditure strategy [1] Company Performance - In Q2 of fiscal year 2026, Microsoft reported revenue of $81.3 billion, a year-over-year increase of 17%, and earnings per share of $4.14, exceeding expectations [2] - Despite the strong performance, market reaction was negative, driven by concerns over a slight slowdown in Azure cloud service growth, which was 39% in fixed currency growth rate, down from 40% in the previous quarter [2] - Capital expenditures surged to $37.5 billion, significantly exceeding market expectations, raising investor worries about potential short-term profit margin erosion due to AI investments [2] Industry Sector Situation - The software sector faced significant market sentiment challenges at the beginning of 2026, with concerns about AI technology disrupting traditional business models leading to a substantial pullback [3] - The iShares Expanded Tech-Software Sector ETF (IGV) experienced a decline of up to 18% at the start of the year, contributing to downward pressure on Microsoft's stock price [3]
微软股价下跌2.13%，市场担忧云服务增速放缓及资本支出激增