Microsoft tumbled 10% in a day and isn’t recovering premarket. Here’s why

Key Points

Microsoft’s stock saw its biggest daily decline since 2020 on Thursday, falling 10%. The stock is up 0.5% premarket on Friday.
The share slide wiped $357 billion off the software giant’s market cap.
Analysts attributed the move to company’s cloud computing business growing slightly slower than expected.

Source

Technology

Quantum stocks on pace for a massive week after Nvidia debuts AI models to boost the tech

April 16, 2026

A Rigetti quantum computer displayed at the Nvidia booth during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Kent Nishimura | Bloomberg | Getty Images Quantum stocks climbed on Thursday, adding to a massive week-to-date rally fueled by enthusiasm for Nvidia‘s new open-source artificial intelligence models designed to […]

Technology

TSMC and ASML post-earnings stock moves could be a sign of what’s to come from chip companies

April 16, 2026

TSMC CoWoS chips: Sample microchips packaged using CoWoS at TSMC’s offices in San Jose, California, shown to CNBC on February 20, 2026. CNBC Two of the biggest names in chip manufacturing, Taiwan Semiconductor Manufacturing Co. and ASML, both reported strong earnings this week as demand for artificial intelligence chips remains sky high. But that didn’t […]

Technology

S&P 500’s all-time high, investigators visit the Fed, Allbirds’ rebrand and more in Morning Squawk

April 16, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. I’m back after a long weekend in California and at the Coachella Valley Music & Arts Festival, where I saw music tourism play out first-hand. Stock futures are slightly higher this morning. The three major indexes are coming off a […]