Existential Threat: Microsoft Stock (NASDAQ:MSFT) Slips as Analysts Sound Alarm on Steam Machine
Microsoft's stock (NASDAQ:MSFT) slipped as analysts expressed concerns over Valve's Steam Machine, which poses a threat to Microsoft's console plans. Analysts warn it could shift Microsoft's focus from hardware to services like Game Pass. Despite this, Wall Street maintains a Strong Buy consensus on MSFT stock, with a 31.16% upside potential. Microsoft's AI initiatives also face skepticism, with critics preferring improvements in Windows 11's user interface and security.