MSFT: Microsoft Stock Jumps to New Record at $3.5 Trillion, Logging Back In as No. 1

Software giant’s time as the second-largest company didn’t last long. Nvidia is now elbowed out — Microsoft is the market king again.

💸 Microsoft Reboots to Top Spot

• Microsoft stock MSFT logged a fresh all-time high Thursday, pushing its market capitalization to just under $3.5 trillion and reclaiming its title as the world’s largest public company.
• Windows 10 isn’t the only thing getting shut down, it seems — the competition is too, with Nvidia NVDA the latest to be Ctrl+Alt+Deleted from the top spot after just one session of towering over the world’s market valuations.
• Shares of Microsoft gained 0.8% during the session to close at $467.68, as traders reinstalled confidence in the tech giant’s steady growth story, diversified cloud business, and enterprise dominance.

🌀 Cloud Power Reigns Supreme

• So why are these two trying to sort out who gets to hold No. 1? While Nvidia might supply the chips, Microsoft supplies the ecosystem. Azure remains one of the fastest-growing cloud services globally, while Microsoft 365 and Teams have become core infrastructure for modern work.
• The company’s push into AI hasn’t gone unnoticed either — from Copilot integrations across Office to deeper OpenAI collaborations, Microsoft is embedding artificial intelligence into its every byte.
• Traders see this broad base as a key advantage. If Nvidia is a powerful engine, Microsoft is the operating system of enterprise tech — and investors are more than happy to click "Enable Editing" on this one.

📣 Top of the Start Menu

• Microsoft’s lead is razor thin — just about $60 billion separates it from Nvidia — but it’s enough to boot up a fresh round of bragging rights.
• This back-and-forth is becoming the new normal: Big Tech’s leaderboard is now a live dashboard where AI momentum, software resilience, and earnings surprises constantly reshuffle the order.
• By the looks of it, Satya Nadella’s squad is back at the top of the Excel file. Whether they stay there will depend on whether the world continues to pay the subscription fee for Microsoft’s cloud-first future.