2nd Largest Company end of August?Microsoft

Microsoft set a record for daily market capitalization growth, Bloomberg reports. The company's shares increased in price by 15.51% on July 30 during NASDAQ trading. Its market capitalization at the end of trading amounted to $3.35 trillion, according to TradingView data. In one day, the corporation's market value increased by approximately $450 billion. This occurred after the announcement of an increase in revenue from the Microsoft Azure cloud computing division. Max | Telegram | Newsletter | iOS App | Android

#Morning Market Brief > - Microsoft records the largest single-day market capitalization increase in US corporate history; US stocks rebound sharply; - Anthropic AI model hacked three companies during testing; - Apple's iPhone quarterly sales grew 21%, but guidance fell short of expectations; - US Q2 GDP growth slowed to 1.5%; - The US is considering charging foreign graduates who wish to stay and work in the US a $100,000 fee.

Microsoft's stock price surged 16% after the earnings release, adding $450 billion to its market capitalization in a single day, marking the largest single-day increase in U.S. corporate history. Meta's stock price, however, plummeted.

Microsoft Posts Biggest One-Day Market-Cap Gain for Any U.S. Company -- WSJ

Musk loses trillionaire status two weeks after setting record According to Bloomberg, his fortune is now estimated at $719 billion. The founder of SpaceX and Tesla responded to the updated Bloomberg Billionaires Index. — A former trillionaire, — the entrepreneur wrote on the X social network [in reply to: SpaceX entered the top 4 most valuable companies in the world The market capitalization of the aerospace giant ($SPCX) reached $2.94 trillion, which allowed it to overtake Microsoft ($2.92 trillion). The record growth in quotations was recorded shortly after the company entered the Nasdaq stock exchange, Bloomberg reports. SpaceX's rapid rise is fueled by a massive capital raising and a focus on merging space technology with artificial intelligence. Initial public offering (IPO) on June 12, 2026, raised a record $85.7 billion; Acquisition of the startup Anysphere (developer of the AI ​​tool Cursor) for $60 billion; Successful integration of the company's xAI technologies into the overall structure of the corporation. SpaceX's success on the stock market has also been reflected in the personal net worth of its founder. Thanks to the rise in the stock price, Elon Musk's fortune has exceeded the $1 trillion mark. Photo: Bloomberg ]