BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Microsoft President Offloads $20M in Shares Amid AI Spending Concerns
Microsoft President Offloads $20M in Shares Amid AI Spending Concerns
BTCCSquare news:
Microsoft Vice Chair Brad Smith sold 38,500 shares worth $19.97 million as MSFT stock dipped 5% post-earnings. The tech giant's $35 billion AI investment plan—with warnings of further spending—overshadowed Q1 revenue of $77.67 billion and $0.91/share dividends.
Wall Street remains bullish despite the 7% weekly decline, with all 34 TipRanks analysts maintaining 'buy' ratings. The stock now hovers below $500, presenting what some view as a temporary buying opportunity.
Previous
Affirm Crushes Earnings as Debit Card Gains Traction
Next
AST SpaceMobile and Vodafone Forge European Satellite Alliance
