MSFT approaches $4T market cap post Q4 earnings, lifting ETFs like MSFX, GXPT, IXN, IYW and VGT.
Shares of Microsoft (NASDAQ:MSFT) popped 4.78% over the past five trading sessions, bolstered largely by the company's strong Q2 earnings, which were announced after the market close on July 30.
Microsoft valuation surged past $4 trillion after markets opened on Thursday after beating expectations for second-quarter revenue, becoming only the second company in history to hit the milestone since AI chip manufacturer Nvidia broke the record just weeks earlier.
Microsoft Corp. NASDAQ: MSFT is reminding investors why it's a market bellwether. Shares are up more than 6% after a blowout earnings report driven by artificial intelligence (AI) and cloud growth.
Microsoft's market capitalization climbed past the $4 trillion mark on Thursday morning.
Microsoft (NASDAQ:MSFT) delivered a strong Q4 performance, surpassing consensus estimates for earnings, sales, and its future outlook. This positive news has sent the stock up 8% in pre-market trading, extending its impressive rally of over 50% since its April low of around $350.
Microsoft Corporation delivered strong Q4 results, driven by 26% Y/Y growth in Intelligent Cloud and robust free cash flow, sending shares up over 8% in the after-hours market. I remain bullish on Microsoft due to its leading Cloud position, accelerating AI CapEx, and ability to translate top-line growth into higher free cash flow. Microsoft's Azure has put the Cloud company on a $100B annual free cash flow run-rate.
Microsoft Corp. (NASDAQ: MSFT) has joined Nvidia Corp.
Sam Vadas and Diane King Hall kick off Thursday's coverage from the NYSE as investors react to two huge earnings beats from Microsoft (MSFT) and Meta (META). Microsoft's surge has the company on track to surpass a $4 trillion market cap valuation.
Strong performance of core businesses gives cover to blowout AI investments—for now.
Microsoft (NASDAQ: MSFT) surged in pre-market trading on Thursday, climbing 8.41% to $556.38, after delivering a blockbuster fiscal FY25 Q4 earnings report that crushed Wall Street expectations and prompted major analyst upgrades.
Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed $75 billion, up 34% from a year earlier.