Microsoft Stocks Could Not Surpass IBM After 13 Years

Microsoft's Market Value on the Decline

The technology giant Microsoft has been drawing attention with its massive capital expenditures and investments in artificial intelligence in recent years. However, this aggressive financial strategy has led to fundamental changes in the company's financial outlook. Rising costs and declining free cash flow expectations have resulted in a historic break in Microsoft’s valuation on the stock market. Microsoft shares have fallen behind IBM for the first time in 13 years. This situation was last observed on July 25, 2013.

Confusion for Investors

Microsoft, Alphabet, and Amazon are expected to spend a total of $650 billion on artificial intelligence by 2026. This situation, influenced by IBM in the past, has made investors uncertain about the future.