Microsoft sued by shareholders over Azure slowdown and AI spending

The number that anchors the case is a single day. On 29 January, Microsoft shares fell about 10%, the company’s steepest one-day drop in nearly six years, wiping out roughly $357bn in market value after a quarterly earnings report the previous evening. A securities class action filed on 12 June in Seattle federal court argues […] This story continues at The Next Web

This story was reported by The Next Web. EUROPES curates Europe's most relevant coverage — read the full report at the original source.