Microsoft Corp. shares climbed more than 2% in morning trading Tuesday, with the stock reaching around $366.64 as broader market optimism over potential Iran conflict de-escalation lifted tech names and investors looked past recent concerns about heavy AI spending.

The software giant's shares rose $7.68, or 2.14%, shortly after the market open on March 31, 2026, building on a modest gain from Monday's close near $359. The move came as major indexes including the S&P 500 pushed above key levels, with relief over stabilizing oil prices and diplomatic signals helping ease fears that had weighed on high-valuation tech stocks earlier in the year.