Microsoft hit $4tn in market capitalisation yesterday in a US tech share surge that also pushed Meta’s stock up 12 per cent, on the back of blockbuster earnings from both groups the day before.
The Nasdaq Composite rose as much as 1.6 per cent to a record high after the opening bell, before paring its gains to about 1 per cent by early afternoon.
The blue-chip S&P 500 index was 0.6 per cent higher, despite a hawkish Federal Reserve meeting that had left the index more downbeat on Wednesday.
The runaway earnings from Microsoft and Meta have allowed investors to shrug off worries over US growth and warnings of a stock market bubble. The two companies are now worth a combined $5.9tn, about twice as much as the entire FTSE 100.
Microsoft rose as much at 9 per cent in early trading, becoming the second group to hit the $4tn milestone after Nvidia this month. Since the chipmaker passed the mark on July 9, its value has risen $400bn more. The rise in Microsoft shares later eased to 4.5 per cent.
US tech stocks that have long dominated Wall Street lost some of their shine in the first quarter after China’s DeepSeek stunned the market with its cut-price artificial intelligence service.
1. blockbuster
意思:轰动之作;巨大的成功(通常指电影、产品或交易)
用法:常用于描述票房大卖的电影、销量惊人的产品,或震撼市场的大交易。
例句:The film was a blockbuster, earning over $1 billion worldwide.
这部电影是个票房大片,全球收入超过十亿美元。
金融语境中:也可指“重磅交易”或“重大收购”
e.g. A blockbuster deal between two tech giants shocked investors.
2. runaway
意思:迅速发展的;完全失控的;压倒性的
用法:通常作为形容词,用来描述“失控的增长”、“压倒性胜利”、“迅猛发展的趋势”。
例句:Inflation has become a runaway problem in the region.
通胀在该地区已成为一个失控的问题。
例句:The singer had a runaway success with her debut album.
她的首张专辑取得了压倒性的成功。
3. shrug off
意思:对……不以为意;摆脱(困难、批评、损失等)
用法:常用于形容一个人对负面事件“毫不在意”或“轻松应对”。
例句:The company shrugged off criticism about its environmental record.
公司对其环保记录方面的批评毫不在意。
例句:Markets shrugged off the bad news and continued to rise.
市场无视坏消息,继续上涨。
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