Microsoft is now above the 1 trillion Dollar market cap, as the application maker recorded better-than-expected quarterly revenue and earnings on Wednesday night.
CNBC reports that Microsoft’s shares jumped as high as $131.37 on Thursday morning, above the needed $130.51 to give make it a $1 trillion company.
It later closed at $129.15 for a market cap of about $990 billion.
Station Magazine understands that the company’s stocks pushed up thanks to its cloud growth. It has been pushing its cloud products in recent years.