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Microsoft hits $4tn market cap as AI-driven earnings

punchng.com/micros...

submitted 7 months ago by uzong

Microsoft hits $4tn market cap as AI-driven earnings

submitted 7 months ago by uzong

Microsoft hits $4tn market cap as AI-driven earnings
  • Microsoft's shares rose sharply after reporting strong quarterly results, making it one of the few companies valued at $4 trillion, alongside Nvidia, due to growing interest in artificial intelligence.
  • The company's success is driven by its cloud computing platform, Azure, which saw a significant increase in revenue, and its ongoing investments in AI technology.
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