Microsoft Stock Weakens Below 200-Day Average Despite Oracle Deal Exit

As of June 20, Microsoft shares continue to face pressure after initial reports of a collapsed $3 billion Oracle cloud lease, trading below the 200-day moving average. The story began June 16 when Reuters and Business Insider reported Microsoft walked away over Oracle’s lack of FedRAMP compliance for government data, triggering a 1.46% drop. Oracle swiftly denied the claims on June 17, reaffirming Microsoft as both partner and customer, yet shares extended losses to 3.87% at $378.60. The episode highlights Microsoft’s $190 billion 2026 data-center expansion and the premium on compliant capacity, with the company now pursuing alternatives while long-term fundamentals remain intact.