Microsoft's market value increases by $450 billion
Microsoft achieved a record increase in its market value, adding approximately $450 billion in a single day, following the release of its strong financial results that exceeded Wall Street expectations. The Q4 results showed a 43% rise in revenue from the cloud computing division (Azure), surpassing the expected approximately 40%. Azure's revenue for the first time exceeded $100 billion, reflecting strong customer confidence in supporting the company's shift towards artificial intelligence. Additionally, its stock surged by over 15%. These results come amid solid performance by Google Cloud, further strengthening Microsoft's position in the cloud technology market and confirming the success of its significant investments in artificial intelligence.
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