Largest company by market cap on August 31Microsoft, Micron, and Nvidia experienced significant market cap growth today, each surpassing a $100 billion increase. Microsoft’s market cap alone surged by nearly $450 billion following projections of stronger cloud growth, marking a historic one-day gain. Pricing indicates a significant rise in confidence for Nvidia, with current odds at 56.5% YES for it becoming the largest company by market cap on August 31. Microsoft’s substantial market cap gain highlights the importance of cloud growth and AI integration in influencing market valuations. What to WatchMarkets will closely monitor Nvidia’s upcoming earnings report and any large-scale AI infrastructure orders, which could further impact its market cap status.