Microsoft shares fall as 10-year yield nears 4.8%
Microsoft (MSFT) fell about 0.9% to $502.59 Tuesday morning as the 10-year Treasury yield closed in on 4.8%. The move comes amid Microsoft’s reported $41 billion capex push.
Microsoft NASDAQ:MSFT, the enterprise-software and cloud-computing giant, dropped approximately 0.9% to $502.59 Tuesday morning as the 10-year Treasury yield closed in on 4.8%.
That matters when one of the world's biggest technology companies is spending at full throttle to win the AI race.Microsof…