Microsoft's stock price has fallen for seven consecutive days, marking the longest streak of continuous decline in several years.

Microsoft's latest performance has not been favored by the market. One example is that since the company announced optimistic performance data last Wednesday, its stock price has been falling every trading day. Including a slight decline the day before the financial report was released, Microsoft's stock price has been falling for seven consecutive trading days. This is the longest continuous decline for the stock since September 6, 2022. During the current seven-day decline, the stock has fallen by a cumulative 8.3%. The drop in Microsoft's stock price contrasts with the tech giant's better-than-expected performance, as the company's cloud computing business grew by 40% in its most recent quarter, exceeding the market's average expectation of 38%. However, the market's high standards for Microsoft are nothing new. About three months ago, after the company released a strong financial report, its stock price also struggled to gain upward momentum. "Even good performance is being ignored by the market," wrote Jordan Klein, an analyst at Mizuho's trading department. He believes that overall, investors are withdrawing from "lagging large-cap stocks" and moving towards chasing "AI winners" driven by momentum, who seem to be hoping to outperform the market with better fundamentals or hype around growing expectations for capital expenditures.