Online Reporter
Microsoft Corp made market history on Thursday, adding nearly half a trillion dollars to its value, the most by any stock in a single day.
Shares of the Redmond, Washington-based company soared 16 percent, their biggest gain since October 2008, to add roughly $450 billion to its market capitalisation. The move eclipses Nvidia’s $440 billion addition, following President Donald Trump’s announcement of a 90-day tariff pause last year, as the biggest ever, according to data compiled by Bloomberg.
Thursday’s surge came after the company reported that revenue for its Azure cloud unit surged 43 percent during the fiscal fourth quarter, the most since early 2022. Microsoft also said its capital spending plans for 2026 are unchanged.
The nearly $500 billion jump is larger than the market capitalisation of roughly 96 percent of S&P 500 stocks, data compiled by Bloomberg show. It’s also bigger than the combined value of the benchmark’s 41 smallest members, which includes companies like Domino’s Pizza, Clorox Co and Hasbro.
Microsoft’s one-day add in value also dwarfs many of the world’s other equity markets. South Africa, Turkey, Finland and Vietnam all have total stock market values that are less than what the software maker is set to add on Thursday. – Bloomberg
