$260B wiped out from MSFT's market cap in market's after hours post Q2 2024

The Kobeissi Letter

@KobeissiLetter

·Follow

BREAKING: Microsoft stock, $MSFT, crashes over 8% after reporting Q2 2024 earnings. The stock has now erased $260 BILLION worth of market cap during after hours trade. This comes even as Microsoft beat expectations on both revenue and EPS. Microsoft reported quarterly revenue…