Shares of Microsoft Corp. (MSFT) surged 5% after strong earnings, pushing its market cap above $4 trillion. Vanguard S&P 500 ETF (VOO) and Invesco QQQ Trust (QQQ) hit all-time highs with Microsoft holdings. Microsoft reported $3.65 EPS, beating estimates, with $76.4 billion revenue, up 18% from last year.

Microsoft’s growth is driven by artificial intelligence, with Azure generating over $75 billion in revenue, up 34%. Cloud and AI are transforming businesses across industries. Azure and other cloud services grew by 39%, but supply constraints remain. Microsoft plans to invest $30 billion in capex to meet demand.

Nvidia, a key player in AI infrastructure, benefits from Microsoft’s growth. ETF investors with exposure to megacap tech companies also benefit. AI demand continues to drive investment in tech companies like Microsoft and Nvidia.

Read more at Yahoo Finance: Microsoft Surges Past $4T Market Cap After Blowout Earnings