Microsoft Stock Dips Despite Morgan Stanley’s Bullish GenAI Outlook
Microsoft shares edged lower in Thursday trading despite Morgan Stanley's endorsement of the tech giant as the prime beneficiary of generative AI spending. The bank's CIO survey revealed 33% of respondents expect Microsoft to capture the largest share of GenAI budgets—double its nearest competitor.
Cloud migration and AI adoption continue to reshape enterprise IT expenditures. Microsoft's Azure and AI offerings position it to capitalize on this shift, though market reaction remained muted. The disconnect highlights investor caution amid broader tech sector volatility.