Quartz·1 min read·easy

Microsoft adds over $450 billion, the biggest one-day market cap gain in U.S. history

Cris Tolomia
AI Summary

Microsoft stock rose 16% following a strong forecast for Azure cloud growth. This increase added over $450 billion to the company's market capitalization in a single day.

Microsoft stock surged 16% on Thursday after the company forecast Azure cloud growth well above analyst expectations

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Microsoft adds over $450 billion, the biggest one-day market cap gain in U.S. history — Headlinne — headlinne