Microsoft Stock Is Down 22%, but Here’s Why It Could Soar After April 29

Microsoft Stock Is Down 22%, but Here’s Why It Could Soar After April 29

By Anthony Di Pizio, The Motley Fool
Publication Date: 2026-04-20 08:52:00

The stock market is off to a volatile start to 2026. The Nasdaq-100 technology index was down by as much as 12% from its peak in March, only to recover all of its losses and hit a new record high in April. Investors have been trying to price in the potential economic impacts of the wild swings in oil prices, caused by the geopolitical conflict between the U.S. and Iran.

But Wall Street’s attention will soon be on the operating performance of some of America’s largest technology companies. On April 29, Microsoft (NASDAQ: MSFT) will release its financial results for its fiscal 2026 third quarter (ended March 31), which will include valuable updates on artificial intelligence (AI) products and services such as the Copilot virtual assistant, and the Azure cloud platform.

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