Jul 31, 2026 - Business
Microsoft's $450 billion jump
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Microsoft had a great Thursday — its stock rose 16%, the biggest jump for the tech giant in nearly two decades.
- The resulting surge in market cap — $450 billion — was apparently the biggest one-day gain in stock market history, per Bloomberg's analysis.
Between the lines: Investors were grooving on the company's latest earnings report and the powerful growth of the Azure cloud computing business — a sign that its AI investments are paying off.
The bottom line: The cloud business is making it rain over in Redmond, Washington.
