Microsoft shares earn $44 billion in one day

Microsoft shares rose about 1.7 percent in Tuesday’s session to add about $44 billion to its one-day market value supported by an AI obsession, as its profits are above expectations for the second quarter after earnings per share reached $2.69.

The U.S. indexes closed on Tuesday’s session with support from major technology stocks a day before the U.S. federal meeting and its expected decision to increase the interest rate by 25 basis points.