WELCOME TO THE $4 TRILLION CLUB

Summary from the TLDR Founders newsletter

Microsoft's valuation hit $4 trillion after reporting Q2 earnings with $76.4 billion in revenue and strong cloud growth, marking it as the second company to reach this milestone. Meta's stock surged nearly 12% pre-market following its Q2 report, highlighting substantial revenue growth driven by its AI investments and expansive capex plans for 2025. Ambiq and Figma's IPOs showed strong market demand, with Figma reaching a $33 per-share debut valuation near $20 billion.