Microsoft Leads U.S. Cloud Gains as Shares Hit Record High

Microsoft led gains among three listed U.S. cloud providers in early Tuesday trading, with its shares reaching another record high as the company’s market capitalization stood at $4.08 trillion.

Microsoft shares rose 1.6% to $549.795 at 9:42 a.m. ET (13:42 UTC) Tuesday. Google Class A shares gained 1.07% to $356.510, with the company’s market capitalization at $4.36 trillion.

Amazon shares advanced 0.93% to $261.950, while its market capitalization stood at $2.83 trillion. Microsoft posted the largest percentage gain among the three companies in early trading.