Microsoft's stock price rebounded over 50%, aiming for a historical high

Microsoft's stock price has rebounded over 50% since the low point in June, with a market value increase of approximately $1.5 trillion, poised to set a new closing historical high. Previously, the stock had plummeted 17% in June due to investor concerns over the return on investment in artificial intelligence spending.

The turning point occurred on July 29, when the financial report showed that the revenue growth of the cloud computing business reached the fastest rate in four years, leading to a 16% surge in stock price the following day.