Here goes another MSFT thread .
The market has had a massive rally, AI hype is everywhere, yet Microsoft still feels stuck around the $400 range. Every time it looks ready to break out, it just stalls.
Is the market starting to worry about:
AI capex spending?
Azure slowing eventually?
valuation already being fair?
OpenAI dependence?
Or am I overthinking this and MSFT is simply consolidating ?
Curious what the bull and bear cases are from here.