Microsoft rockets on Wall Street: Shares jump up to 8% as market cap crosses $4 trillion; AI-powered earnings lift Nasdaq, S&P to new highs

Microsoft’s shares witnessed a surge following robust quarterly earnings. The company’s market value exceeded $4 trillion. US markets reached new highs, fueled by tech earnings and AI optimism. Nasdaq and S&P 500 surpassed previous records. Donald Trump announced a trade agreement with South Korea. Meta Platforms also experienced a jump after reporting quarterly profits.