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Microsoft Market Value Jumps $450 Billion on Strong Azure Growth
in5points
Microsoft's market value rose by $450 billion in one day, surpassing Nvidia.
Azure reported stronger-than-expected growth due to heavy AI infrastructure spending.
The surge reflects investor confidence in Microsoft's AI and cloud business.
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Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani