The $4 trillion club has a second member, at least based on after-hours trading.
Following a better-than-expected earnings report on Wednesday, Microsoft
shares jumped 8%, lifting the software giant’s market cap to about $4.1 trillion. Should the rally stick on Thursday, Microsoft would join chipmaker Nvidia
, which hit $4 trillion for the first time earlier this month.
Microsoft reported 18% revenue growth, its fastest rate of expansion in over three years, driven by its Azure cloud computing business. Microsoft disclosed Azure revenue in dollars for the first time, and said sales from Azure and other cloud services exceeded $75 billion in fiscal 2025, up 34% from the prior year.
