{"id":769160,"date":"2026-06-29T16:16:10","date_gmt":"2026-06-29T16:16:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/769160\/"},"modified":"2026-06-29T16:16:10","modified_gmt":"2026-06-29T16:16:10","slug":"microsoft-stock-is-headed-for-its-worst-month-since-2000","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/769160\/","title":{"rendered":"Microsoft stock is headed for its worst month since 2000"},"content":{"rendered":"\n

Microsoft (MSFT<\/a>) shares are headed for their worst month since 2000, according to data published Monday<\/a> by Bloomberg. <\/p>\n

After a bruising month for Big Tech, in which investors sold out of Microsoft, shares in the tech leader are down roughly 17% in June. If shares close out the month at that level, it will be the worst month for Microsoft since December 2000, when the company lost 24.4%. <\/p>\n

The company has lost roughly $570 billion in market value. <\/p>\n

However, if shares can rally to finish the month anywhere better than a loss of 16.56%, February 2008 \u2014 only months before the collapse of Lehman Brothers triggered a global economic meltdown \u2014 will continue to stand as the worst month for Microsoft since December 2000. <\/p>\n

2026 has largely been a good year for the tech sector, as State Street’s technology sector ETF (XLK<\/a>) has returned 27% to date, higher than the S&P’s 8%. Yet tech’s megacap leaders have had a harder go of it: The Roundhill Magnificent Seven ETF (MAGS<\/a>), which tracks the performance of the so-called Mag Seven stocks (Apple (AAPL<\/a>), Alphabet (GOOGL<\/a>,\u00a0GOOG<\/a>), Microsoft (MSFT<\/a>), Amazon (AMZN<\/a>), Meta (META<\/a>), Tesla (TSLA<\/a>), and Nvidia (NVDA<\/a>)) has shed 10.7% over the past month of trading days, for a yearly loss of roughly 4%. <\/p>\n

Microsoft, in particular, has been subject to a round of selling that has taken considerable wind out of the enterprise software leader’s stock price. While the company continues to pump money into AI growth, concerns remain that the same AI boom could render traditional software offerings somewhat obsolete.third quarter <\/p>\n

In its fiscal third-quarter earnings in late April, Microsoft forecast “modest” growth in its Azure<\/a> cloud computing business even as it raised its year-end estimate for capital expenditures to $190 billion. <\/p>\n

\"OAKLAND,<\/a> Microsoft CEO Satya Nadella arrives to court at the Ronald V. Dellums Federal Building on May 11, 2026 in Oakland, California. (Benjamin Fanjoy\/Getty Images) \u00b7 Benjamin Fanjoy via Getty Images <\/p>\n

“Whether Microsoft Word or Excel will be rendered obsolete by AI remains to be seen,” Jack Ablin, chief investment strategist at Cresset Wealth Advisors, said, per Bloomberg. “But the spending is certainly a concern, especially since so many are going to the bond market to borrow, suggesting their cash piles won’t be enough to sustain the buildout.” <\/p>\n

Even so, some Wall Street analysts still like the stock despite this month’s significant dip. <\/p>\n

“[We have] incremental confidence in Microsoft and its ability to sustain and expand company-level operating margins and continue compounding robust, value creative growth in the years ahead,” Deutsche Bank analysts led by Brad Zelnick wrote Friday. <\/p>\n

The bank maintained its Buy rating and $550 price target. <\/p>\n","protected":false},"excerpt":{"rendered":"Microsoft (MSFT) shares are headed for their worst month since 2000, according to data published Monday by Bloomberg.…\n","protected":false},"author":2,"featured_media":769161,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[4536,45,49,48,273247,63,273246],"class_list":["post-769160","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bloomberg","tag-business","tag-ca","tag-canada","tag-lehman-brothers","tag-microsoft","tag-microsoft-word"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/769160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=769160"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/769160\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/769161"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=769160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=769160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=769160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}