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Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms

Fortune
Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms

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Microsoft's stock jumped more than 16% on Thursday, boosting the company's market value by roughly $485 billion. The rally was driven by the cloud unit Azure surpassing $100 billion in revenue and a positive outlook for continued cloud growth beyond Wall Street expectations.

Azure crossed $100 billion in revenue for the first time and a new disclosure about OpenAI offered some respite. ...

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🇺🇸Fortune
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Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms

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🇮🇳The Economic Times (India)

US stocks: Microsoft adds $485 billion to investors' wealth as shares rise 16%. Check why

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