11/21

MSFL Flat as Microsoft Faces Regulatory Scrutiny and Strategic Concerns

The GraniteShares 2x Long MSFT Daily ETF (MSFL) has declined by 0.13% after market close on Thursday, November 21st, following a 0.83% drop during the trading day, as Microsoft shares faced pressure amid broader market dynamics. Microsoft's stock price fell 1% today, reaching a low of $410.29, influenced by a mix of corporate developments and market sentiment. Recent scrutiny over Microsoft's business practices with the U.S. government and an ongoing FTC investigation into potential anti-competitive behavior in its cloud computing business have added to investor caution. Additionally, Microsoft's recent announcement of the Azure AI Foundry at its Ignite conference highlights its focus on AI development, yet the market remains wary of the company's strategic direction amid these regulatory challenges.