Microsoft’s market value surged by approximately $450 billion on Thursday. This represents the largest one-day gain ever recorded for a U.S. company. Shares climbed more than 15% after an earnings report eased investor concerns regarding heavy artificial intelligence spending.
A forecast of 45% growth for the Azure cloud business served as the primary catalyst. This outlook significantly exceeded analyst expectations. The results signaled that investments in data centers and AI are generating significant revenue growth.
The rally increased Microsoft’s total market capitalization to $3.35 trillion. This performance surpassed the previous single-day value increase record held by Nvidia.