Microsoft (MSFT) stock slips despite director’s $2 million buy as AI spending stays under the microscope
Microsoft shares fell 0.3% to $397.23 Friday, trailing a broader Wall Street rally as investors weighed the company’s AI spending and governance signals. Director John W. Stanton bought 5,000 shares for about $2 million, according to an SEC filing. Microsoft pledged $50 billion in AI investment for developing countries and said it will match all electricity use with renewable energy. The company denied its tech is used for mass surveillance by U.S. immigration authorities.