Microsoft Reclaims $1 Trillion Mark as Stock Climbs to Record

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Microsoft Corp. gained for a fourth day, climbing back above the coveted $1 trillion level in market value amid a broader rally in tech megacaps.

Shares rose as much as 3.5% to $132.25, reaching a record intraday high in New York trading Friday. The rally pushed Microsoft’s market capitalization to $1.01 trillion, the first time it’s climbed above the 13-digit mark since briefly touching that level in April.