<p>Microsoft is set to soar past $4 trillion in market valuation for the first time on Thursday, as a blockbuster earnings report helps the tech behemoth become the second company after Nvidia to surpass the milestone.</p><p>The software company forecast a record $30 billion in capital spending for the current fiscal first quarter and reported booming sales in its Azure cloud computing business on Wednesday.</p><p>Shares of Microsoft were up 8.5 per cent at $557.03 in early premarket trading, valuing it at $4.14 trillion.</p><p>Redmond, Washington-headquartered Microsoft first cracked the $1 trillion mark in April 2019.</p><p>Its move to $3 trillion was more measured than other tech giants, Nvidia and Apple, with AI bellwether Nvidia tripling its value in just about a year and clinching the $4 trillion milestone before any other company on July 9. Apple was last valued at $3.12 trillion.</p>.Google to invest $6 billion in data centre in Andhra Pradesh. <p>Lately, breakthroughs in trade talks between the U.S. and its trading partners ahead of President Donald Trump's August 1 tariff deadline have buoyed stocks, propelling the S&P 500 and the Nasdaq to record highs.</p><p>Microsoft, the second largest US company, has rebounded nearly 50 per cent from its April 2025 lows, when global markets were rattled by Trump's tariff offensive.</p><p>Microsoft's multibillion-dollar bet on OpenAI is proving to be a game-changer, powering its Office Suite and Azure offerings with cutting-edge AI and fueling the stock to more than double its value since ChatGPT's late-2022 debut.</p><p>Armed with exclusive access to OpenAI's models, Microsoft has raced to the front of the generative AI pack - supercharging its Azure cloud business, now the company's top revenue driver, and solidifying its dominance in the tech landscape, compared to Google's cloud and Amazon's web services.</p><p>Wall Street's surging confidence in the company comes on the heels of back-to-back record revenues for the tech giant since September 2022.</p><p>The stock's rally had also received an extra boost as the tech giant trimmed its workforce and doubled down on AI investments — determined to cement its lead as businesses everywhere race to harness the technology.</p><p>While sweeping US tariffs had investors bracing for tighter business spending, Microsoft's strong earnings have shown that the company's books are yet to take a hit from the levies. </p>
<p>Microsoft is set to soar past $4 trillion in market valuation for the first time on Thursday, as a blockbuster earnings report helps the tech behemoth become the second company after Nvidia to surpass the milestone.</p><p>The software company forecast a record $30 billion in capital spending for the current fiscal first quarter and reported booming sales in its Azure cloud computing business on Wednesday.</p><p>Shares of Microsoft were up 8.5 per cent at $557.03 in early premarket trading, valuing it at $4.14 trillion.</p><p>Redmond, Washington-headquartered Microsoft first cracked the $1 trillion mark in April 2019.</p><p>Its move to $3 trillion was more measured than other tech giants, Nvidia and Apple, with AI bellwether Nvidia tripling its value in just about a year and clinching the $4 trillion milestone before any other company on July 9. Apple was last valued at $3.12 trillion.</p>.Google to invest $6 billion in data centre in Andhra Pradesh. <p>Lately, breakthroughs in trade talks between the U.S. and its trading partners ahead of President Donald Trump's August 1 tariff deadline have buoyed stocks, propelling the S&P 500 and the Nasdaq to record highs.</p><p>Microsoft, the second largest US company, has rebounded nearly 50 per cent from its April 2025 lows, when global markets were rattled by Trump's tariff offensive.</p><p>Microsoft's multibillion-dollar bet on OpenAI is proving to be a game-changer, powering its Office Suite and Azure offerings with cutting-edge AI and fueling the stock to more than double its value since ChatGPT's late-2022 debut.</p><p>Armed with exclusive access to OpenAI's models, Microsoft has raced to the front of the generative AI pack - supercharging its Azure cloud business, now the company's top revenue driver, and solidifying its dominance in the tech landscape, compared to Google's cloud and Amazon's web services.</p><p>Wall Street's surging confidence in the company comes on the heels of back-to-back record revenues for the tech giant since September 2022.</p><p>The stock's rally had also received an extra boost as the tech giant trimmed its workforce and doubled down on AI investments — determined to cement its lead as businesses everywhere race to harness the technology.</p><p>While sweeping US tariffs had investors bracing for tighter business spending, Microsoft's strong earnings have shown that the company's books are yet to take a hit from the levies. </p>