BUSINESSQUARTZ
Microsoft adds over $450 billion, the biggest one-day market cap gain in U.S. history
Microsoft's stock surged 16% following a forecast of Azure cloud growth exceeding analyst expectations, resulting in a $450 billion market cap gain, the largest one-day increase in U.S. history.
Related Signal
Adjacent reporting
- Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms
- Microsoft stock surged after Azure cleared $100 billion for the first time
- Microsoft’s cloud just hit a new milestone—Azure crosses $100 billion in annual revenue
- Why Microsoft’s stock is soaring toward a historic gain after earnings
- Microsoft beats Wall Street expectations with $90B in revenue