Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billion
- Posted on June 29, 2026
- By Business News Today
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- 1 min read
Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billion
Microsoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns erased $570 billion in value. Weak Azure growth and high capital expenditure outlook weighed on sentiment, though some investors see value at lower valuations.