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Microsoft’s stock is cheaper than IBM’s for the first time in a decade. What that says about the AI trade.

February 9, 2026 at 10:20 PM
By MarketWatch
Microsoft’s stock is cheaper than IBM’s for the first time in a decade. What that says about the AI trade.

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Microsoft and other hyperscalers are pouring billions of dollars into AI projects, and that’s putting a damper on valuations

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Microsoft and other hyperscalers are pouring billions of dollars into AI projects, and that’s putting a damper on valuations Microsoft’s stock is cheaper than IBM’s for the first time in a decade. What that says about the AI trade.. Stay informed with the latest developments and expert analysis on this important story.

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Microsoft and other hyperscalers are pouring billions of dollars into AI projects, and that’s putting a damper on valuations

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