Key Points in This Article: Tech giants are significantly increasing capital expenditures, with over $100 billion planned for 2025, largely directed toward AI infrastructure reliant on specialized chips.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Microsoft became the second company to pass a $4 trillion market cap mark after a blowout earnings release on Wednesday afternoon. That release showed quarterly revenue up 18% year over year, and net income up 24%, which resulted in Microsoft shares increasing more than 4% on Thursday, bringing the company's overall value past $4 trillion.
MSFT and META soared on blowout earnings, with MSFT joining the $4-trillion market-cap and fueling ETF plays like XLK, VGT, MAGS and FNGS.
Nvidia welcomed Microsoft to the exclusive $4 trillion club as America's tech giants plow through growing demand for artificial intelligence.
AWS represents a small part of Amazon's total revenue, but it is a key driver of profits, typically accounting for about 60% of Amazon's overall operating income.
Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia, another artificial intelligence standout.
Microsoft became the second company to cross the milestone after Nvidia.
MSFT's fourth-quarter fiscal 2025 results reflect strength in the AI business and Copilot adoption, backed by accelerating growth in its Azure cloud infrastructure unit.
The S&P 500 and Nasdaq traded at record highs at midday, boosted by tech earnings news. The Dow Jones Industrial Average was little changed.
Tech giant Microsoft Corp (NASDAQ:MSFT) just became the world's second company to hit the $4 trillion market cap, after Nvidia (NVDA) did earlier this month.
Microsoft Corp's (NASDAQ:MSFT) latest results are in, and once again, they're described as a “slam dunk” by Wedbush analysts. That's no small praise from one of Wall Street's most influential tech watchers.