Microsoft’s stock is on a run not seen in 26 years — erasing its year-to-date losses
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Microsoft stock gained 4.9% on Monday and rose 24.9% over the past three sessions — its best three-day stretch since October 2000, when it climbed 29.24% across a three-day span, according to Dow Jones Market Data.
- Microsoft shares turned positive for 2026, up about 0.8% year-to-date, as concerns over its artificial-intelligence plans eased.
- The rally reflects investors looking at Microsoft in a new light following its recent upbeat financial results, with the source noting its capital spending is 'showing a payoff.'
- Microsoft erased its year-to-date losses entirely during the three-session run, reversing earlier 2026 declines tied to AI-investment anxiety.
Why it matters: Microsoft's 24.9% three-day surge — its strongest since October 2000 — marks a decisive sentiment shift: the $190B-plus AI infrastructure spend that had weighed on the stock is now being read by investors as generating returns rather than dragging on the business, lifting MSFT to positive 2026 territory at roughly 0.8% YTD.
