Microsoft Eyes Longest Selloff Since 2011 as AI Trade Weakens

Shares fell as much as 0.8% on Friday, and if they end the trading session lower it would be the longest period of declines for the software company since a nine-day drop that ended in November 2011. The stock has declined 8.6% over the eight-day stretch, erasing nearly $350 billion in market valuation. The stock hasn’t had a positive session since it reported its quarterly results in late October.