Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: 'Redmond is in a pickle'

In this articleCRMADBENOWMicrosoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026.Sven Hoppe | Picture Alliance | Getty ImagesMicrosoft just closed out its worst quarter on Wall Street since the 2008 financial crisis, as investors soured on the software giant's prospects in artificial intelligence. The stock plunged 23% in the first quarter, a steeper drop than any of its tech peers or the Nasdaq, which fell 7% in the period. Microsoft bounced back a bit on Tues ...