Business & Finance
Microsoft Eyes History With $490 Billion Pop in Market Value
Key Points
Microsoft Eyes History With $490 Billion Pop in Market Value Microsoft Corp. is on track to record the largest one-day increase in market value for any stock in history. Shares of the Redmond, Washington-based company soared as much as 17%, adding $490 billion to its market capitalization as of 12:55 p.m. in New York. If that holds through the close it would eclipse Nvidia Corp.’s $440 billion addition, following President Donald Trump’s announcement of a 90-day tariff pause last year, as...
Microsoft Eyes History With $490 Billion Pop in Market Value
Microsoft Corp. is on track to record the largest one-day increase in market value for any stock in history.
Shares of the Redmond, Washington-based company soared as much as 17%, adding $490 billion to its market capitalization as of 12:55 p.m. in New York. If that holds through the close it would eclipse Nvidia Corp.’s $440 billion addition, following President Donald Trump’s announcement of a 90-day tariff pause last year, as the biggest ever, according to data compiled by Bloomberg.