Microsoft (MS) surpassed market expectations with its performance and on the 31st (local time) exceeded a market capitalization of $4 trillion (approximately 5,580 trillion won) on the New York Stock Exchange. It is the second in the world after Nvidia.
MS announced that it achieved an 18% revenue growth rate for the 2025 fiscal year (July 2024 to June 2025), thanks to its cloud business, including Azure. This is the highest rate in three years.
MS first surpassed the $1 trillion market capitalization threshold in April 2019. It then broke through $2 trillion in June 2021 and $3 trillion in January 2024, all ahead of Nvidia, but ultimately lost the title of the first corporation to reach a market capitalization of $4 trillion to Nvidia.
Global investment banks (IBs) are raising target prices for both MS and Nvidia, and competition between the two corporations is expected to continue. Bernstein and Bank of America (BofA) set the target prices for MS at $637 and $640, respectively, about 15% higher than the all-time high of $555.45 recorded by MS on that day.
Apple, the first corporation in the world to achieve a market capitalization of $1 trillion, $2 trillion, and $3 trillion, is somewhat lagging behind. As of 12:50 p.m. that day, Apple's market capitalization remained at $3.12 trillion.