MSFTMicrosoft Corporation
412.67
-0.81%
SUPPORT:402.38392.08
RESISTANCE:422.96433.26
Past
What happened
Microsoft fell 0.81% to $412.67, underperforming despite Marvell's strong AI-chip earnings beat AH. The stock is now 25.7% below its $555 all-time high, deep in the rotation-out-of-mega-cap-AI penalty box.
Why
Why it matters
MSFT pays AI capex but doesn't sell the chips — in the rotation regime, that's the worst place to be. Capex is now $80B+ annualized with monetization timing pushed to FY27. Marvell's beat was a peer tailwind but MSFT didn't get the bid.
Watch
What to watch
$402.38 (ATR support) is critical — break and 100dma at $395 is next. Resistance $422.96. No company catalysts; the Marvell AH read-through and Dell post-close report (mentioned in news) plus PCE Friday drive direction.
HEADLINES