The single-day gain in market cap appears to be the largest ever.
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Microsoft had a great Thursday — its stock rose 16%, the biggest jump for the tech giant in nearly two decades.
Between the lines: Investors were grooving on the company's latest earnings report and the powerful growth of the Azure cloud computing business — a sign that its AI investments are paying off.
The bottom line: The cloud business is making it rain over in Redmond, Washington.
Microsoft's shares soared 15% in a day, adding $450 billion in market value, driven by stronger Azure growth and renewed investor…
Azure crossed $100 billion in revenue for the first time and a new disclosure about OpenAI offered some respite.
Azure crossed $100 billion in revenue for the first time, and a new disclosure about OpenAI offered some respite.
July 30 : Microsoft added nearly $450 billion in market value on Thursday, the largest one-day gain on record for a company,…
Microsoft's Q4 results sent shares up 15%, adding $450B in market cap in a single day as Azure revenue surged 43% year-over-year…
Microsoft shares continued to rise on Friday, after surging 15% a day earlier.
