The FTC has launched a sweeping antitrust investigation into Microsoft, zooming in on its AI ventures. This scrutiny follows Microsoft's rocky partnerships with OpenAI and the bungled Activision Blizzard acquisition. With the presidential administration set to change FTC leadership soon, experts like Wedbush’s Dan Ives suggest Microsoft’s plunge might be more a friendly warning than a full-on crackdown. Meanwhile, Microsoft’s stock feels the squeeze, but there’s hope Big Tech’s dance with regulators could mellow in the near future.