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Microsoft Hits Record High Amid Strong Tech Sector Momentum: What's Going On?
MSFTMicrosoft(MSFT) Benzinga·2025-06-05 20:55

Microsoft Corp MSFT shares surged to a new all-time high of 469.65onThursdaybeforeclosingup0.82469.65 on Thursday before closing up 0.82% at 467.68, despite no company-specific news. The rally comes as broader market trends continue to favor mega-cap tech stocks, especially those leading in artificial intelligence and cloud computing.What To Know: A recent software spending survey by BofA Securities analyst Brad Sills signaled modest declines in software growth expectations for 2025 and 2026, citing macroeconomic uncertainties. Still, spen ...