Microsoft Stock Falls on Lease Cancellations

Microsoft Cancels Data Center Leases, Stock Dips Briefly

• Microsoft stock fell 1.8% on Monday before recovering to $404.04.
• The company canceled leases on two U.S. data centers.
• The cancellations affected “a couple of hundred megawatts” of power.
• There are currently 3,317 data centers in the U.S.
• Microsoft plans to spend $80 billion on infrastructure in 2025.

Microsoft’s stock briefly dipped after canceling leases on two data centers, affecting significant power usage. The company remains committed to infrastructure investments and plans substantial spending in the coming years.