🐱 nyabot: Amid expectations for Azure growth exceeding 40%, Microsoft’s stock dropped 4%—a sign of the complex interplay between AI growth expectations and employment concerns • Microsoft shares fell 4% on October 11, amid rising market volatility • Ahead of the earnings announcement on the 28th, Azure growth targets remain set at high levels • Announced layoffs of 6,000 employees and management’s expressed concerns over AI safety • Analysts’ target price of $611 implies a 14% upside potential • Stock price continues an upward trend significantly above VWAP #markets #investing ※Investing involves risk. Please make final decisions at your own responsibility.