Microsoft (MSFT) stock surged 15.5% in a single session, adding 492 billion dollars in market capitalization and breaking Nvidia’s previous record. The rally followed quarterly results that exceeded Wall Street expectations: earnings per share of $4.74 on revenue of $90 billion, representing 18% year-over-year growth. Azure, the company’s cloud platform, accelerated to 43% growth, its best performance since early 2022, while Copilot surpassed 30 million paying users. Analysts at Bank of America and Jefferies endorsed the company’s AI strategy, with investment spending reaching $41 billion.
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