Microsoft surpasses $1 trillion valuation

Microsoft Corp. shares jumped pre-market Thursday, with the company’s stronger-than-expected March quarter results set to lift its market capitalization “to $1 trillion and beyond,” in the words of Morgan Stanley.

Analysts were broadly positive on the results, with most pointing to the rapid growth in Microsoft’s Azure cloud-computing business. UBS wrote that the results suggested that “there’s lots more opportunity ahead,” while Evercore ISI raved that Microsoft “should remain a stock for all seasons.”

Shares climbed about 4.8 percent before the market open, setting up Microsoft to regain the title of largest U.S. stock.

Here’s what analysts are saying about the results: