Microsoft soared past $4tn in market valuation on Thursday, becoming the second publicly traded company after Nvidia to surpass the milestone after a blockbuster earnings report the night before.
Microsoft, headquartered in Redmond, Washington, first cracked the $1tn mark in April 2019.
Its move to $3tn was more measured than technology giants Nvidia and Apple, with the chipmaker tripling its value in just about a year and clinching the $4tn milestone before any other company on 9 July.
The technology behemoth reported booming sales in its Azure cloud…
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