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Sven Henrich: Meta and Microsoft add $394 billion to market cap
Sven Henrich, a well-known market analyst, highlighted significant after-hours trading gains for Meta Platforms and Microsoft.
In his latest commentary, Henrich noted that Meta's stock price surged by 10%, contributing an additional $174 billion to its market capitalization. Microsoft's stock also experienced a remarkable rise of 6.2%, adding a hefty $220 billion to its market cap. This extraordinary gain is equivalent to creating nearly the entire market value of a new company the size of Johnson & Johnson in an instant, emphasizing the volatile and dynamic nature of the stock market.
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