Microsoft Beat Nvidia's Record for Market Capitalization Growth
The company's market capitalization increased by nearly half a trillion dollars in just one day
The past quarter was a successful one for Microsoft's Azure cloud division / Photo: Paolo Bona / Shutterstock.com
Microsoft's stock soared nearly 16% on July 30, adding approximately $450 billion to the company's market value. This is the largest one-day increase in market capitalization in stock market history, according to Bloomberg.
The previous record was held by Nvidia, whose market value rose by $440 billion in a single day last year after Donald Trump announced a 90-day truce in the trade war. For Microsoft itself, the 16% rise in its stock price was the sharpest since October 2008.
The rally was triggered by the quarterly earnings report released on July 29. Microsoft reported that revenue from its Azure cloud business grew by 43%—the highest growth rate since the beginning of 2022. In addition, Microsoft confirmed that its capital expenditure plans for 2026 remain unchanged.
Context
The $450 billion increase in Microsoft’s market value over the course of a single trading session exceeds the market capitalization of approximately 96% of the companies in the S&P 500 index, according to Bloomberg. It is also greater than the combined market value of the 41 smallest companies in the index, including Domino's Pizza, Clorox, and Hasbro. By comparison, the entire stock market of countries such as South Africa, Turkey, Finland, or Vietnam is worth less than what Microsoft gained in a single trading session.
This article was AI-translated and verified by a human editor
