Microsoft on Thursday became the second company in history to reach a $4 trillion market value as tech stocks surge on ...

The closely watched Azure division posted a 39 percent rise in sales during Microsoft’s fiscal fourth quarter, the company said in a statement on Wednesday. Analysts projected a 34 percent increase.

Microsoft stock surged on better-than-expected financial results for its latest quarter and strong guidance, putting the tech giant on track to hit a $4 trillion market cap. The beat was driven in ...