Microsoft's market cap surges $490 billion in a day, nearing the all-time record
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- 1Microsoft (MSFT) shares jumped as much as 17%, boosting its market capitalization by $490 billion
- 2Azure cloud revenue grew 43% in the fiscal fourth quarter, posting the largest increase since early 2022
- 3If the gain holds through the close, it will surpass Nvidia's $440 billion and set the record for the largest single-day market-cap increase ever
This 3-line summary is compiled from the report below.
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