Microsoft Loses $570 Billion In Worst Month Since Dot-Com Era

Microsoft's market value plunged by $570 billion in June, its worst monthly drop since 2000, as shares fell 17%. Investors question whether massive AI spending will justify profits. Azure growth disappointed, and $190 billion capex worried Wall Street. The stock now trades at 19 times earnings, below its 10-year average. Some see a buying opportunity.