Microsoft valuation surges above $4 trillion as AI lifts stocks

Shares of Microsoft spiked following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia, another artificial intelligence standout...

✨ Key Highlights

Microsoft's valuation surged past $4 trillion following strong quarterly results, driven largely by its advancements in Artificial Intelligence (AI). This milestone places them in an elite club alongside Nvidia, signaling a robust AI investment boom.

Microsoft reported a profit of $27.2 billion on revenue of $76.4 billion in its fiscal fourth quarter.
CEO Satya Nadella emphasized Cloud and AI as the driving forces for business transformation.
The company's Azure cloud computing platform saw a 39 percent surge, significantly boosted by AI integration.