Microsoft stock slumps as Big Tech rallies

Microsoft stock price was today down in the pre-market trading. Microsoft Corp stocks, which trade at Nasdaq under MSFT, was down by 1.51 per cent at the pre-market on Friday. Microsoft stocks closed at USD 523 on Thursday. Microsoft was the only loser in the Magnificent Seven group of stocks. Magnificent Seven group of stocks are Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), Google-parent Alphabet (GOOGL/GOOG), Amazon (AMZN), Meta Platforms (META), and Tesla (TSLA).Microsoft also announced a cash dividend of USD 0.98 per share with ex-dividend date of November 19, 2026. MSFT stock has a PE ration of 27.30 and 52 week range of 349.20 - 559.15.Several chip shares were lower. AMD and Broadcom lost more than 1.5 per cent each. Cerebras jumped more than 17 per cent after the chip and cloud company raised its 2026 revenue forecast and signed Microsoft as a customer.135782580Nasdaq 100 futures were subdued on Friday. Investors are also awaiting October's producer price inflation reading, which could be crucial in determining how much the US Federal Reserve raises rates next month.Microsoft's Outlook, Teams and Copilot were down on Friday, marking one of the company's worst outages that stretched beyond 12 hours, disrupting communications for businesses and governments worldwide.A major outage affected Microsoft's Outlook, Teams and Copilot on Thursday and Friday, disrupting communications for businesses and governments worldwide. It was the second Microsoft 365 disruption in 2026.Outlook, Teams and Copilot were hit by a global outage affecting Microsoft 365 features on Thursday, which had stretched beyond 12 hours on Friday. Microsoft blamed server problems and said it was not aware of any malicious activity.135782747The disruption hit government agencies in Australia, Japan, and the US, and caused disruptions at trading firms, delays to companies publishing their results and airlines warning customers of delayed communication.Microsoft had also faced an outage with its 365 services in January. In October last year, it reported an outage of its Azure cloud platform that impacted its suite of productivity software, and a range of industries worldwide.