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Chris Markoch

Microsoft Drops After Earnings—Why the Bull Case Holds

Microsoft Nasdaq MarketBeat

Microsoft Corp. (NASDAQ: MSFT) was one of the first “Magnificent 7” stocks to report earnings this season. Despite beating on the top and bottom lines, concerns about the return on investment from Microsoft’s robust capital expenditures (CapEx) plans have sent the stock plummeting.

In fact, MSFT stock was down about 11% in midday trading on Jan. 29, the day after the report. That was the largest intraday loss since March 16, 2020—a wild reversal of fortunes for a stock that was trading at an all-time high (ATH) just three months prior to the earnings report.

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