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Stockreport

Microsoft joins exclusive $4T market cap club after AI surge, joining only one other company [FOX Business Network]

Microsoft Corporation (MSFT)  More Company Research Source: FOX Business Network
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Microsoft touched $4 trillion in market cap Thursday, joining Nvidia as the only two companies to reach this level. Ticker Security Last Change Change % MSFT MICROSOFT CORP. Powered By The upward move came after the tech giant posted stronger-than-expected results. Revenues jumped 18% to $76 billion, and net income rose over 23% to $34.3 billion. The bulk of the growth came from the company's cloud computing arm and demand for artificial intelligence. "We're innovating across the tech stack to help customers adapt and grow in this new era, and, this year, Azure surpassed $75 billion in revenue, up 34%, driven by growth across all workloads" said CEO Satya Nadella. Exchange-traded funds that count Microsoft as a large holding are benefiting from the stock's 26% gain this year, which is outperforming the Nasdaq Composite's 9.5% rise. Microsoft T-Rex 2X long Microsoft is up over 44% annually, and it seeks results that are "200% of the daily performance of MSFT, [Read more]
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Stockreport

Microsoft joins exclusive $4T market cap club after AI surge, joining only one other company [FOX Business Network]

Microsoft Corporation  (MSFT) 
More Company Research Source: FOX Business Network
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Microsoft touched $4 trillion in market cap Thursday, joining Nvidia as the only two companies to reach this level. Ticker Security Last Change Change % MSFT MICROSOFT CORP. Powered By The upward move came after the tech giant posted stronger-than-expected results. Revenues jumped 18% to $76 billion, and net income rose over 23% to $34.3 billion. The bulk of the growth came from the company's cloud computing arm and demand for artificial intelligence. "We're innovating across the tech stack to help customers adapt and grow in this new era, and, this year, Azure surpassed $75 billion in revenue, up 34%, driven by growth across all workloads" said CEO Satya Nadella. Exchange-traded funds that count Microsoft as a large holding are benefiting from the stock's 26% gain this year, which is outperforming the Nasdaq Composite's 9.5% rise. Microsoft T-Rex 2X long Microsoft is up over 44% annually, and it seeks results that are "200% of the daily performance of MSFT, [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS