After the closing of trading, Microsoft exceeded a market capitalization of $4 trillion, becoming the second company after NVIDIA to join the "$4 trillion club." This was reported by CNBC.

The growth occurred following a quarterly report that exceeded expectations: shares rose by 8%, bringing the company's market value to approximately $4.1 trillion. If this trend continues, Microsoft will officially join NVIDIA, which first reached this milestone in early July.

Microsoft reported an 18% increase in revenue—its highest rate in over three years—driven by the growth of its Azure cloud business. For the first time, Microsoft disclosed Azure's dollar revenue and stated that together with other cloud services, it surpassed $75 billion in the fiscal year 2025, marking a 34% increase from the previous year. Since the beginning of the year, Microsoft shares have risen by 22%, outperforming the S&P 500 index.

NVIDIA and Microsoft have benefited greatly from the artificial intelligence boom, overtaking Apple in market value. Apple now sits in third place with $3.2 trillion and a 17% drop in shares this year, as investors worry it is falling behind in AI. NVIDIA's graphics cards underpin major language models for Microsoft, OpenAI, Google, and Meta. In 2025, NVIDIA's shares increased by 33%, and the company's new financial report will be presented at the end of August.