What Is The Biggest Threat To Microsoft Stock?
Buyers are paying for growth, and Microsoft (MSFT) is delivering it. The stock returned 37.2% between July 17 and October 15, 2026, against 4.1% for the S&P 500. Revenue climbed 17.7% in fiscal Q4 2026 from a year earlier. Yet on a July 29 earnings call, executives described a cost to that growth that is still rising. What is that cost, and who is raising it.

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