Microsoft's market value jumps $450 billion after earnings, setting record
On July 30, Microsoft Corp. shares surged about 15.5%, closing near $451.50. The rally added roughly $450 billion to the company’s market capitalization, the largest one‑day increase ever recorded, lifting its total value to about $3.35 trillion.
The software giant reported fiscal fourth‑quarter revenue of $90 billion, up 18% year‑over‑year, and net income of $35.8 billion, a 31% rise. Azure cloud revenue grew 43% YoY, surpassing $100 billion in annual revenue for the first time, and management forecast Azure to grow about 45% in constant‑currency terms in the current quarter. Analysts responded by raising price targets, with the average target now around $560.90.
The strong cloud performance and continued cash generation were cited as key drivers of the stock’s rally and the record market‑cap gain.
Entities: Azure · Bloomberg · Microsoft Corporation · Nvidia Corporation · Stifel Nicolaus · Zacks Investment Management
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] Analysts raised price targets for Microsoft, with at least nine firms setting new targets averaging $560.90. (multiple articles)
- [● 3 SOURCES] Azure revenue grew 43% year‑over‑year and surpassed $100 billion in annual revenue for the first time. (multiple articles)
- [● 2 SOURCES] Microsoft expects Azure revenue to grow about 45% in constant currency during the current quarter. (multiple articles)
- [● 3 SOURCES] The rally added approximately $450 billion to Microsoft’s market capitalization, the largest one‑day increase recorded by a company. (multiple articles)
- [● 2 SOURCES] Microsoft’s market value reached about $3.35 trillion after the rally. (multiple articles)
- [○ 1 SOURCE] The $450 billion increase exceeds the combined market cap of the 41 smallest S&P 500 companies and surpasses the total market caps of several national stock markets. (Article 796e9996-1163-4c9f-8ae9-a51209a46d80)
- [● 3 SOURCES] Microsoft stock rose about 15.5% on July 30, closing near $451.50. (Articles 796e9996-1163-4c9f-8ae9-a51209a46d80, c56e2fbb-f009-427e-9c93-af53a7e38706, 947e8614-1925-48e4-99ca-6c9fb67e7ad)
- [● 2 SOURCES] Microsoft reported fiscal fourth‑quarter revenue of $90 billion, up 18% YoY, and net income of $35.8 billion, a 31% increase. (multiple articles)
- [● 4 SOURCES] Microsoft stock surged about 15.5% on July 30, closing near $451.50. (multiple articles)
- [● 2 SOURCES] Microsoft’s net income rose to $35.8 billion, up 31% year‑over‑year. (multiple articles)