How could SOTU energy proposals affect Microsoft’s margins?

If tech firms must help pay electricity costs tied to AI data centers, operating expenses can rise while capex needs stay high. With gross margin at 68.59% and operating margin at 46.67%, even modest surcharges could trim hyperscale margins until pricing, efficiency gains, or renewable offsets catch up.

Is MSFT stock today attractive after recent declines?

Technicals are cautious, with RSI 39.64 and price below 50 and 200 day averages. However, EPS strength, 33.61% ROE, and low net debt support the long term case. Consider staged entries near support, size with ATR, and reassess after the 29 April earnings update.

What does tariff risk mean for Hong Kong buyers?

Tariffs can raise costs for servers and networking procured via US supply routes, leading to higher project budgets or delivery changes. HK buyers should secure flexible sourcing, confirm price adjustment clauses, and assess vendors with diversified Asia manufacturing to lower timing and cost risk.

What should HK investors watch next for MSFT stock today?

Track any draft bills on AI electricity cost sharing, tariff headlines, Azure price notices, and supplier diversification updates. On 29 April, focus on Azure growth, AI unit costs, and capex guidance. Monitor technicals around the US$368 band and volatility using ATR to set disciplined risk limits.

Law and Government

MSFT Stock Today: February 26 — SOTU Plan Targets AI Power Costs

ByHuzaifa Zahoor February 26, 2026February 26, 2026

MSFT stock today is in focus for Hong Kong investors after Trump’s State of the Union pointed to making tech firms help pay electricity costs tied to AI data centers and keeping tariff policies. For MSFT, the last available price was US$389, about HK$3,034 using HK$7.80 per US$1. Shares are down 14.02% over 1 month and 15.29% year to date. We see policy follow through as a near term risk to Azure margins, capex pacing, and Asia supply chain costs. We break down positioning, valuation, and timing for HK portfolios.