Microsoft(US:MSFT) 美股IPO·2025-11-08 08:19Core Viewpoint - Microsoft has experienced a significant decline in stock price following its quarterly earnings report, with concerns about AI investments impacting the broader tech sector [1][3][5]. Group 1: Stock Performance - Since the end of October, Microsoft has not recorded a single positive trading day, with the stock price dropping over 8% in the past eight days, resulting in a market capitalization loss exceeding $300 billion [1][2][3]. - The stock has set a record for the longest consecutive decline in 14 years, marking the longest losing streak since November 2011 [5][6]. Group 2: Financial Results - Microsoft's quarterly earnings report showed a nearly 20% increase in revenue; however, the growth of Azure cloud services was not as impressive, and AI expenditures significantly exceeded expectations [3][4]. - The company reported capital expenditures of $34.9 billion for the quarter, with plans to further increase spending in the current fiscal quarter, raising market concerns [4]. Group 3: Market Sentiment - There is a growing cautious sentiment in the market regarding substantial investments in AI, which has led to continued pressure on large tech stocks, including Microsoft [5][7]. - In contrast to Microsoft, Apple has not adopted an aggressive strategy in AI, resulting in a slight increase in its stock price, highlighting divergent approaches within the tech sector [7].