Microsoft (MSFT) Fell Due to Concerns About Its Relationship With OpenAI

2 hours ago 3

Soumya Eswaran

Fri, December 26, 2025 astatine 7:00 AM CST 2 min read

Harbor Capital Appreciation Fund, an concern absorption company, released its Q3 2025 capitalist letter. A transcript of the aforesaid tin be downloaded here. The Harbor Capital Appreciation Fund chiefly focuses connected investing successful equity securities, targeting U.S. companies that person a marketplace capitalization of astatine slightest $1 cardinal astatine the clip of investment. US equities delivered coagulated results successful the 3rd quarter, driven by continued momentum successful AI and beardown firm earnings. The Federal Reserve’s involvement complaint chopped besides supported the marketplace astatine the extremity of the quarter. The money returned 5.11% successful the 4th compared to 10.51% for the Russell 1000® Growth Index and 8.12% for the S&P 500 Index. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Harbor Capital Appreciation Fund highlighted stocks specified arsenic Microsoft Corporation (NASDAQ:MSFT). Microsoft Corporation (NASDAQ:MSFT) is simply a multinational bundle institution that develops and supports software, services, devices, and solutions. The one-month instrumentality of Microsoft Corporation (NASDAQ:MSFT) was 0.52%, and its shares gained 11.08% of their worth implicit the past 52 weeks. On December 24, 2025, Microsoft Corporation (NASDAQ:MSFT) banal closed astatine $488.02 per share, with a marketplace capitalization of $3.628 trillion.

Harbor Capital Appreciation Fund stated the pursuing regarding Microsoft Corporation (NASDAQ:MSFT) successful its 3rd 4th 2025 capitalist letter:

"Microsoft Corporation (NASDAQ:MSFT) shares underperformed owed to concerns astir its narration with Open AI pursuing the Oracle/Open AI woody announcement. The Fund’s underweight presumption successful Microsoft comparative to the scale contributed positively to comparative returns."

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