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Microsoft crushes earnings expectations and its market cap soars above $4T
Shares of Microsoft Corp. gained more than 9% in extended trading today after the company delivered solid earnings and revenue that came in above expectations. The after-hours increase lifted the company’s market capitalization above the $4 trillion milestone, trailing in the wake of Nvidia Corp., which passed that barrier earlier this month.
Microsoft’s market cap tops $4T after better-than-expected earnings report
US tech giant Microsoft saw its market capitalization exceed the $4 trillion threshold in after-hours trading Wednesday as the firm's financial results exceeded market expectations in the April-June quarter, driven by strong growth in revenue from Azure and other cloud services.
Microsoft’s shares spiked over 7% in after-hours trading, pushing the stock toward record highs and lifting Microsoft’s ...
Based on its post-market trading, Microsoft has become the world’s second $4 trillion company following quarterly earnings.
Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial ...
Microsoft surged past a $4 trillion market cap as Azure revenue soared and AI investments like Copilot, Discovery, and AI ...
The S&P 500 dropped 0.37% and closed at 6,339.39 for its third straight losing day, while the Nasdaq Composite inched down ...
The company’s results are likely to ease investors’ worries that big investments in artificial intelligence aren’t paying off ...
Microsoft could join the $4 trillion club tomorrow if the current stock action carries through, according to Dow Jones Market Data. Shares recently changed hands above $549 in Wednesday's after-hours ...
Using passkeys is a safer alternative to the risky password habits 49% of US adults use, according to CNET's password survey.
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