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Tech juggernaut Microsoft has unveiled stellar financial results, propelling its market capitalization towards the $4 trillion mark for the first time ever on Thursday. This achievement would make Microsoft the second company, following NVIDIA, to reach this prestigious milestone. According to the financial report, Microsoft's revenue for the fourth quarter of this fiscal year witnessed an 18% year-over-year increase, with net profit soaring by 24% year-over-year. Notably, sales in the Azure cloud computing business surged significantly. Furthermore, the company forecasts record-high capital expenditures of $30 billion for the first quarter of this fiscal year. As a result of these exceptional outcomes, Microsoft's share price surged by over 8% in after-hours trading.
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