Sujeto a doble presión de la IA, Microsoft podría registrar su peor desempeño trimestral desde 2008

Mars Finance News, March 27 - According to reports, Microsoft is at the intersection of two worrying trends sweeping through the tech industry, which makes it likely that the stock will record its worst quarterly performance since the global financial crisis two decades ago. First, as Wall Street increasingly questions when investments in artificial intelligence infrastructure will yield more significant returns in revenue growth, this software giant is further increasing capital expenditures. Second, investors are selling off software stocks due to concerns that AI startups like Anthropic and OpenAI are building agents that could replace products from companies like Microsoft. It is reported that Microsoft’s stock price fell 24% in the first quarter, potentially marking the largest decline since a 27% drop in the fourth quarter of 2008. So far this year, among the “seven tech giants,” Microsoft has shown the weakest performance, while an index tracking this group has fallen 13% during the same period. This round of sell-off makes the stock appear relatively cheap, with a price-to-earnings ratio of less than 20 times expected earnings for the next 12 months, the lowest since June 2016. Microsoft’s valuation multiple is slightly higher than the S&P 500 index, and there has recently been a discount relative to this broad stock benchmark, the first time since 2015. (Wide Angle Observation)