Yes, the stock keeps rising
But lots of companies have rising stocks.
I feel like Microsoft, in the past year or so, has been really positioning themselves as the foremost technology company in the world. Their developer relationships have to be at an all-time high. With GitHub and VSCode to go along their cloud business, their hardware, their operating system, their browser, etc.
They're a diversified professional networking company with their acquisition of LinkedIn, and GitHub only added to this position.
Microsoft seems well-liked, executing well, and well-positioned in many important tech sectors. I'm fairly blown away at the progress.