Microsoft Corp. is poised to achieve a new stock market high, marking its first record in nearly a year. The tech giant's shares surged as much as 1.8%, reaching $551.13 during morning trading in New York. This puts the company on track to surpass its previous peak, which was set in October 2025.
The rally builds on a four-month upward trend for Microsoft, with shares climbing over 50% from a low in June. This surge has added approximately $1.5 trillion to the company's market value. The momentum appears driven by growing optimism around Microsoft's role in the artificial intelligence sector.