Microsoft’s stock just achieved an unsettling milestone.
Microsoft can now claim to have experienced the second-largest single day stock decline in history, wiping an absurd $440 billion in market value from the tech giant. The drop is only behind that of NVIDIA from last year, who experienced a similarly deep shock when China’s efficient DeepSeek AI model implied that you didn’t need as much NVIDIA tech to have a capable chatbot as previously thought.

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