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The Nexus
BUSINESSJul 30 · 19:45 UTCFORTUNEAmanda Gerut

Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms

Microsoft’s stock surged 17%, its largest one-day gain since 2008, adding $483 billion in market value as strong cloud business performance and Azure’s $100 billion revenue milestone exceeded expectations. OpenAI contributed $24.1 billion in fiscal 2026 revenue, highlighting Microsoft’s AI-driven growth.

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