Latest news with #software company
CNA
31-07-2025
- Business
- CNA
Microsoft poised for $4 trillion valuation after solid results
Microsoft is set to soar past $4 trillion in market valuation for the first time on Thursday, as a burst of investor confidence in its booming Azure cloud division helps the tech behemoth become the second company after Nvidia to surpass the milestone. The software company forecast a record $30 billion in capital spending for the current fiscal first quarter and reported booming sales in its Azure cloud computing business on Wednesday. Shares of Microsoft were up 8.6 per cent at $557.34 in early premarket trading, valuing it at $4.14 trillion.
Yahoo
31-07-2025
- Business
- Yahoo
Microsoft poised for $4 trillion valuation after solid results
(Reuters) -Microsoft is set to soar past $4 trillion in market valuation for the first time on Thursday, as a burst of investor confidence in its booming Azure cloud division helps the tech behemoth become the second company after Nvidia to surpass the milestone. The software company forecast a record $30 billion in capital spending for the current fiscal first quarter and reported booming sales in its Azure cloud computing business on Wednesday. Shares of Microsoft were up 8.6% at $557.34 in early premarket trading, valuing it at $4.14 trillion.
