These stocks were down more than 14% at the halfway mark of the year.

Microsoft stock has tumbled recently, but is up from recent lows. Has MSFT become too cheap? After all, analyst price targets are significantly higher. One play is to sell short one-month MSFT put options.

The layoffs are not the catalyst; the setup is that the market is pricing in AI capex pain and AI disruption at the same time. Wolfe’s capex/FCF cut is real, but the stock is already down ~18% YTD, leaving room for a “capex growth slowing + Azure acceleration” earnings surprise on July 29.

Microsoft and Chipotle both crushed the market over the past decade, but their recent stumbles reveal two very different problems.

Microsoft logo on building by franz12 via iStock. Microsoft (MSFT) recently disclosed that it is parting ways with up to 2.5% of its workforce. Sometimes companies conduct layoffs

SpaceX is joining the Nasdaq-100, drawing attention across financial markets. Underneath that story: the company running the AI cloud economy just posted Azure

The Dow Jones index fell but other indexes rallied as President Trump made bullish comments. Microsoft fell on the stock market today while Micron rose.

Microsoft Corp (NASDAQ:MSFT) shares fell after the software giant said it would cut around 4,800 jobs, or 2.1% of its global workforce, as it restructures to focus on its biggest growth priorities. The stock was down 1.