Microsoft (MSFT.O) has lost more than $570 billion in market value as its shares
fall about 17% in June, putting the stock on track for its worst monthly decline
since December 2000. The sell-off pushed the share price to its lowest close
since 2023 on Thursday before a rebound on Friday. Investors cite worries about
higher AI-related spending and AI-driven disruption; Cresset Wealth Advisors
chief investment strategist Jack Ablin said investors appear to be "selling
first, asking questions later."