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Amazon and Microsoft Add Close to $445 Billion in Market Value

Amazon and Microsoft added close to $445 billion in combined market value in a single morning on November 4, 2026. The move came the day after the US midterm elections, in which Democrats won control of both the House and the Senate. Investors saw the two cloud giants as winners, with Microsoft accounting for the larger share of the gain, adding around $250 billion in market value on its own. The election results and strong earnings reports contributed to the surge.

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