Microsoft stock slips early as big tech softens; Wedbush flags FY26 as AI “inflection year”
NEW YORK, Jan 2, 2026, 09:37 ET — Regular session Microsoft shares fell 0.8% to $483.62 on Friday, extending a softer tone across megacap technology stocks as the first U.S. session of 2026 got underway. The move matters because Microsoft is one of the market’s biggest companies by value, and its swings can ripple through the major indexes. Investors are resetting positioning after a year shaped by artificial intelligence optimism and shifting expectations for interest rates. Reuters Microsoft is also a bellwether for corporate technology budgets, with its Azure cloud business closely watched for signs of whether companies are moving