Microsoft’s fading AI mojo keeps shares in lengthy purgatory

In South Africa, Microsoft is investing $330 million to expand its cloud and AI capacity by the end of next year

Many major stocks connected to artificial intelligence have lost their luster of late, but perhaps none more so than Microsoft Corp. Shares in the software giant have been struggling for months, as repeated earnings disappointments have caused a reassessment of when the tens of billions of dollars it has plowed into AI-related investments will show…

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