Microsoft's market cap surges $490 billion in a day, nearing the all-time record

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1. 1Microsoft (MSFT) shares jumped as much as 17%, boosting its market capitalization by $490 billion
2. 2Azure cloud revenue grew 43% in the fiscal fourth quarter, posting the largest increase since early 2022
3. 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

Source Bloomberg · View original ↗

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