Microsoft

UBS analyst downgrades Microsoft stock to neutral citing decelerating demand in both its Azure cloud platform and Office 365 software the stock having its worst day since October. I think that's very good for the space because the growth isn't there you can still grow your earnings when you can slash your expenses so preserve the margins right? It's just a matter of time before they start to talk about demand destruction and when that happens you'll find a tradable bottom but I don't think we're there yet despite the outside move to the downside today it's still an expensive stock.