Microsoft Hits Record High Amid Strong Tech Sector Momentum: What's Going On?

Microsoft Corp MSFT shares surged to a new all-time high of $469.65 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 ...