Microsoft’s Trillion-Dollar Quarter: AI Fuels Biggest Gain Since 1998

Bullish Gator

Shares jumped 37.5%, adding $1 trillion after AI-driven cloud growth; Bloomberg cites strongest quarter since 1998 and broad analyst optimism with an average 11% 12-month price-target.

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Bloomberg highlights that Microsoft’s stock surged 37.5 percent from July through September, adding about $1 trillion to its market value after quarterly results that showed the fastest cloud growth in four years driven by demand for artificial intelligence. The guest notes the move eased questions about whether Microsoft’s large AI spending would translate into growth, and Bloomberg cites that 72 analysts tracked by Bloomberg include only three non-buy ratings with an average price target implying roughly an 11 percent upside over the next 12 months.