$450 Billion in Market Value in a Single Day After Announcing Its Latest Financial Results, a Gain Larger Than the Entire

Microsoft gained $450 billion in market value in a single day after announcing its latest financial results, a gain larger than the entire Turkish stock market. Shares rose more than 15% on July 30, the company's best daily performance since October 2008, pushing its market capitalization to $3.44 trillion. The surge surpassed Nvidia's previous single-day record.

The jump was driven by a 43% increase in Azure cloud revenue, the unit's strongest growth since early 2022. Microsoft also raised its outlook, expecting Azure to grow 45% on a constant-currency basis in the current fiscal quarter. The results indicate that its multibillion-dollar investments in artificial intelligence and cloud infrastructure are starting to generate meaningful revenue. Despite the strong performance, the company said it will not slow capital spending, reaffirming plans for about $50 billion in the first fiscal quarter of 2027 and $175 billion in 2026. The single-day increase highlights the outsized influence of technology giants in global markets.