Performance far exceeded expectations, Microsoft's stock rose over 6%, market value exceeded $4 trillion USD.

On Thursday, Microsoft opened more than 6% higher, setting a new historical high with a market value exceeding $4 trillion, becoming the second company after NVIDIA to reach a market value of $4 trillion. Analysts pointed out that Microsoft's performance is outstanding, achieving strong double-digit growth, with revenue growing by 18% compared to the previous huge base, mainly driven by a 39% increase in Azure business revenue. The operating leverage effect has led to an increase in profit margins, which is also the reason for earnings per share growing by over 20% compared to a year ago. Despite capital expenditures reaching $17 billion in the past quarter, free cash flow still remains attractive.