Microsoft to join $4T club after earnings surge

Microsoft’s stock surged 8% in after-hours trading Wednesday, pushing its market value to $4.1 trillion after a strong earnings report.

The rally, if sustained, would make Microsoft the second US company to hit the $4 trillion mark, joining Nvidia.

Revenue rose 18%, the fastest in over three years.

The tech giant reported booming Azure cloud sales and forecasted $30 billion in capital spending for the current quarter. Its AI-driven partnership with OpenAI continues to boost products like Office and Azure.

Shares are up 22% in 2025, outpacing the S&P 500’s 8%. Microsoft’s value has more than doubled since ChatGPT’s 2022 debut.

Microsoft and Nvidia now lead in market cap, ahead of Apple, whose value has dropped to $3.2 trillion.