Microsoft Stock Soars as Tech Market Sees Significant Movement
The tech market saw significant movement from July 28 to 31, 2026, as major companies released their earnings reports. Microsoft's (MSFT) Q4 FY2026 earnings report sparked a massive rally, with the company's stock increasing by 16% in a single day, adding $450 billion to its market capitalization.
This was the largest single-day market capitalization increase in stock market history. Amazon's (AMZN) after-hours, post-earnings report rally saw a 10% gain, with AWS growing 37%, marking its fastest growth since 2021.
META's earnings report miss led to a decline of 14% in earnings per share and a decrease in free cash flow to $784 million, resulting in a 9.64% drop in Meta stock. Apple's (AAPL) stock decreased by 3-4%, despite reporting record earnings for June.
The KOSPI saw its largest one-day increase ever, with a total gain of 17.91%. The semiconductor sector also saw significant movement, with the PHLX Semiconductor Index falling 4.3% and the VanEck Semiconductors ETF losing 2% or more.