News Summary

• Microsoft's stock dropped 19% in June, its worst month since the dot-com crash.
• Some of its top brands, like Microsoft 365, Copilot, and Xbox, are facing serious headwinds.
• The tech giant is trying to mount a comeback on multiple fronts.
• Microsoft will get another test on Wednesday when it reports earnings after the bell."It wasn't always this way.
• A few years ago, Microsoft was the top dog, getting praised for its foresight on the AI revolution," says BI's Ashley Stewart.