Afghanistan, Aug. 1 -- Microsoft has reached a $4 trillion valuation, driven by AI innovation and cloud services growth, securing its position as the world's second most valuable publicly traded company.
Microsoft's latest financial report revealed its market value has reached $4 trillion, making it the second most valuable publicly traded company in the world after Nvidia.
The surge is largely driven by Microsoft's aggressive investment in artificial intelligence, which has fueled demand for its products and boosted investor confidence.
Reuters reported that Microsoft's stock jumped as earnings surpassed forecasts, rising eight percent intraday before closing with a gain of nearly 4.5 percent.
Much of the growth comes from booming clou...