Microsoft stock drops as Swiss antitrust probe, Wikipedia AI deals stack up ahead of earnings
Microsoft shares fell 2.4% to $459.38 in early New York trading Thursday after Switzerland’s competition commission opened a preliminary probe into its licensing fees. The Invesco QQQ dropped 1%. Microsoft said it would cooperate with Swiss regulators. Investors are watching for AI-related expenses and new licensing deals ahead of Microsoft’s Jan. 28 earnings report.