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Microsoft briefly reached a $4 trillion market capitalization on Thursday, joining Nvidia as the only publicly traded companies to achieve this milestone. This surge followed a strong earnings report indicating the success of Microsoft’s AI investments.
The positive results from Microsoft and Meta Platforms also boosted Amazon and Nvidia, contributing to a combined market value gain of over half a trillion dollars for these four AI leaders. These heavyweight players are driving growth on Wall Street, fueled by the increasing demand and potential of artificial intelligence technologies. The market is responding positively to companies actively investing and innovating in the AI space.
