1 Magnificent Growth Stock Down 32% That Smart Money Is Quietly Accumulating
Increased market turmoil is hitting the Magnificent Seven, with Microsoft (NASDAQ: MSFT) taking the hardest hit out of all of them. It has fallen 33.5% from its 52-week high. A general sell-off in artificial intelligence (AI) stocks impacted the company amid massive capital expenditures (capex) spending. Investors also harbor doubts about its partnership with OpenAI. However, amid these conditions, some institutional investors have quietly begun to accumulate more shares of the cloud stock, and some of t ...