Microsoft stock price heads into Monday: MSFT rebounds, but AI spending nerves stay hot
Microsoft shares rose 1.9% to $401.14 Friday, rebounding after a sharp drop earlier in the week tied to concerns over AI-related spending and Azure’s margins. Stifel downgraded the stock and cut its price target, citing questions about Azure growth. Investors are watching next week’s U.S. jobs and inflation data for further direction.