Institutions Buying Microsoft Despite 23% Drop
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Despite Microsofts 23% stock drop in 2026, institutions are buying, turning it into a contrarian play. Cardano Risk Management, Corient Private Wealth, and BlackRock increased their shares significantly. Microsofts cloud side, with a 29% surge in intelligent cloud revenue, is a focus. Over 8,000 institutions now hold 76% of shares, with Vanguard, BlackRock, and State Street leading. The buying spree suggests confidence in the dip, with first quarter 2026 filings to watch for continued buying.
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