Microsoft's $480 billion rally fuels a debate: financial nihilism or the true AI moat, finally coming into view?

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https://fortune.com/2026/07/30/why-did-microsoft-stock-increase-500-billion-market-cap/

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Microsoft's $480 billion rally fuels a debate: financial nihilism or the true AI moat, finally coming into view? | Fortune

The market seems to be in a "rip up the script every day" kind of mode, Steve Sosnick of Interactive Brokers told Fortune. Unless that changes tomorrow.