Microsoft added nearly $450 billion in market value on Thursday, the largest one-day gain on record for a company, after it forecast stronger-than-expected cloud growth and signaled continued cash generation through its new fiscal year. The software giant’s shares closed up more than 15%, lifting its market capitalization to $3.35 trillion, surpassing chip giant Nvidia’s previous record one-day gain of $441 billion on April 9, 2025, according to LSEG data.
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