Microsoft Smashes Record with $450 Billion Single-Day Gain
Microsoft has made history by achieving the largest single-day gain in market value ever recorded by a publicly traded company. According to Bloomberg, shares of Microsoft skyrocketed 16%, marking the company's biggest percentage gain since October 2008.
The surge added approximately $450 billion to the company's total market capitalisation in just one day of trading, eclipsing the previous record held by Nvidia.
Microsoft's cloud growth drove the surge, with revenue for its Azure cloud computing unit surging 43% during the fiscal fourth quarter. This represents Microsoft Azure's fastest growth rate since early 2022, signaling strong demand for the tech giant's cloud services.
The massive jump in investor confidence followed Microsoft's latest earnings report, which reassured investors by stating that its capital spending plans for 2026 remain unchanged.