MSFT has suffered a historically severe -16.6% one-month drawdown and a ~$570B market cap destruction event that appears disproportionate to fundamental deterioration, with the stock now bouncing constructively off a confirmed cycle low of $353.25. At $384.28, the stock is staging a technically credible recovery with four consecutive positive sessions, while near-term catalysts including the unified Copilot rollout across Windows/M365 and a landmark 2.67GW data center power deal with Chevron signal continued infrastructure and product execution. Mean reversion toward the pre-rout consolidation zone of $420-$440 is achievable within a 2-3 month window as sentiment normalizes and AI monetization evidence accumulates.