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Microsoft's market cap jumps $450B in a day; Azure crosses $100B

Barrons.com +1 ·

MSFT Microsoft Corp
$465.10 +3.10%
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  1. 1Microsoft's (MSFT) market cap surged $450 billion in a single day on Thursday, posting the largest one-day gain in US stock market history.
  2. 2June-quarter revenue rose 18% sequentially to $90 billion, and Azure revenue surpassed $100 billion for the first time in fiscal year 2026.
  3. 3The results eased concerns over hyperscalers' cash burn from AI investments, and the stock traded at around $463 on Friday, up roughly 19% from Wednesday.

This 3-line summary is compiled from the report below.

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