Microsoft stock drops 12% after Q2 results as cloud revenues fail to exceed investor expectations
The US-based technology giant, Microsoft stock price dropped 12% during the intraday trading session on Thursday, 29 January 2026, after the company announced its October to December quarter (Q2) results as the cloud revenues failed to exceed investor expectations.
According to a recent Reuters report, Microsoft had spent a record amount on artificial intelligence (AI) in the last quarter and posted slower cloud-computing growth, worrying investors who had expected a major payoff from the outlay and its mega-deal with OpenAI.
