KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
Microsoft (MSFT.US) is heading toward its worst quarterly performance in 17 years , falling roughly 23% , as investors grow increasingly concerned over its AI strategy, cloud growth, and heavy spending . Cloud Growth Slows Amid Capacity Constraints A key concern is Microsoft’s Azure cloud business , which is facing growth limitations due to constrained AI computing capacity . The company has prioritised internal AI development over external cloud services , reducing available resources for customers and delaying near-term revenue growth . Analysts highlight that there is “no quick fix” , with meaningful improvement likely only in the second half of the year , when new data centre capacity comes online. AI Monetisation Still Uncertain Despite aggressive investment, returns from AI remain unclear . Microsoft’s AI assistant Copilot has yet to gain strong traction compared to competitors like Anthropic , rai...