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Posted on 01/29/2026 8:59:29 AM PST by Mariner
US stocks sank in mid-morning trading on Thursday on a tech-driven selloff as investors came away from megacap tech earnings fretting about AI spending.
The tech-heavy Nasdaq Composite (^IXIC) led losses, shedding roughy 2.6% amid an over 10% plunge from Microsoft (MSFT). The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) followed the tech sector down, shedding 1.5% and 0.8%, respectively, following Wednesday's muted performance.
(Excerpt) Read more at finance.yahoo.com ...
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Microsoft, who actually makes stuff and just reported increases in revenue and earnings, is down 12%.
Meta, who makes nothing announces they will spend a staggering $155bil this year on AI buildout, is up 9%.
It's just not rational.
It’s clearly irrational exuberance:)
Remember when he stock market was the topic of the media every day?
Only when it drops and they can blame President Trump, as they did when tariffs were first announced. When the three indices were breaking records it was barely reported.
In other words, this article is much ado about nothing.
The rats will blame Trump and the voters will believe them.
DOW ONLY DOWN $33
Down more than 5%.
Testing support in the $85,000 neighborhood.
Stocks go up and down..you hold them for the long term.
“Stock market today: Dow, S&P 500, Nasdaq sink as Microsoft’s post-earnings plunge drags tech down”
As of now
Dow -.06%
S&P -.72%
Nas -1.55%
Stock market noise.
Oh noes!!! What is it down? 7 zillion points?
Oh, they will most likely try without a doubt, but Trump has no authority over local law enforcement. Therfore, their attempts will fail miserably.
You can’t expect Microsoft to keep making money all the time. They are selling Windows 11 and not supporting Windows 10 yet there are many older PCs that they will not support Windows 11 on. What can you expect when they deliberately restrict their own customer base?
Depends on what you own. I’m up for the day so far.
“Microsoft, who actually makes stuff and just reported increases in revenue and earnings, is down 12%.
Meta, who makes nothing announces they will spend a staggering $155bil this year on AI buildout, is up 9%.”
LOL! MSFT is dow BECAUSE of AI
Meta’s products include major social platforms like Facebook, Instagram, WhatsApp, Messenger, and Threads, alongside hardware such as Meta Quest VR headsets and Ray-Ban Meta smart glasses, business tools like Meta Business Suite, and emerging AI features like Meta AI, all focused on connecting people and building the metaverse.
https://www.google.com/search?q=meta+products
Everything I own is green today.
AT&T (T) is the unexpected star.
And Chevron (CVX).
“You can’t expect Microsoft to keep making money all the time. They are selling Windows 11 and not supporting Windows 10 yet there are many older PCs that they will not support Windows 11 on. What can you expect when they deliberately restrict their own customer base?”
Windows is only 9% of their revenue. A significant amount of that comes from large business that have already moved to W11.
How much money would Microsoft make by supporting W10. ZERO. it would cost them. Windows 10 came out in 2015.
Yeah, energy is hot, ET has been a roll.
What hurts Microsoft the most is when users ditch Windows altogether and switch to Linux. Supporting Windows 10 would be secondary to this one.
Which, switching to Linux is what all of us should be doing anyways. Windows has been transformed into spyware, and Microsoft is a massively woke corporation. Windows is not exactly an OS anymore.
It is a good thing for us that Microsoft’s stock is down. MS stock should go down further for their terrible customer service.
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