New York, Dec. 26, 2025 (12:39 p.m. ET) — U.S. markets are open and trading in a thin, post-Christmas session, with major indexes hovering near record levels as investors weigh year-end positioning, rate-cut expectations, and whether 2026 becomes a “prove-it” year for AI-driven earnings growth. ^[1]

Against that backdrop, Microsoft Corp. (NASDAQ: MSFT) is changing hands around $487, modestly lower on the day, with an intraday range roughly $486–$488. Microsoft remains one of the market’s most influential bellwethers, carrying a market capitalization of about $3.85 trillion and trading at roughly 36.7x trailing earnings (based on the latest quoted metrics).

Below is what matters most for investors following Microsoft stock right…