Microsoft's stock price has fallen for nine consecutive days, dropping over 32% from its high point.

Microsoft's US stock continued to decline at the opening today, with the stock falling for nine consecutive days, dropping more than 32% from its high, on track to record its worst quarterly performance since 2008. AI is "nibbling" at the company's growth prospects from two directions. Market concerns about investments in AI infrastructure and competition from AI startups are pushing Microsoft's stock towards its worst quarterly performance since the global financial crisis.