[Microsoft's Market Value Plummets by $570 Billion, Poised for Worst Monthly Performance Since 2000] Odaily Planet Daily News – As investors continue to worry about Microsoft's (MSFT.O) prospects in the age of artificial intelligence, the software giant's stock is heading toward its worst monthly performance since the dot-com bubble era. The stock has fallen 17% in June, and at this pace, it is set to record its worst monthly performance since December 2000. This sell-off has wiped out over $570 billion in market value. Before a rebound on Friday, the stock had dropped to its lowest closing price of 2023 on Thursday. Jack Ablin, Chief Investment Strategist at Cresset Wealth Advisors, commented: 'Microsoft is facing dual pressures, both concerns over spending on artificial intelligence (AI) and the disruptive impact AI may bring. While it seems like a good investment from a valuation perspective, I feel investors are currently adopting a "sell first, ask questions later" approach.' (Jin10)