Microsoft stock jumps 3% despite a fresh downgrade as AI cash-flow worries stay in focus
Microsoft shares climbed 3.1% to $413.60 in early New York trading Tuesday, rebounding after Melius Research downgraded the stock to “hold” on concerns over rising AI spending and tighter free cash flow. Investors are watching U.S. jobs and inflation data this week for signals on interest rates and tech stock valuations.