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via finance.yahoo.comMarkets

Microsoft slips 0.80% as AI rotation swings back to chipmakers

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Microsoft (NASDAQ:MSFT) shares eased 0.80% to $531.64 at 10:10 a.m. ET on Friday, November 6, as money flowed back into the chipmakers that were crushed on Thursday. Earlier in the week, the trade ran the other way. On November 4…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishCapital rotating back into chipmakers weighs on Microsoft after its earlier rally.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Microsoft eased 0.80% to $531.64 on Friday, November 6.
  2. 02On November 4 the stock jumped 6.6% to a record close of $555.80.
  3. 03Fiscal first-quarter revenue rose 19% to $92.3 billion, with Azure growth at 48%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Microsoft CorporationMSFTStock531.94 USD-0.15%today -0.74%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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