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Microsoft became the second company to reach a market value of $3 trillion!

  • January 24, 2024
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Recently there was a race between Microsoft and Apple to become the most valuable company in the world. In fact, Microsoft has surpassed Apple in recent weeks for

Recently there was a race between Microsoft and Apple to become the most valuable company in the world. In fact, Microsoft has surpassed Apple in recent weeks for the first time since 2021 and reached the top. However, this did not last long and he fell back to second place.

Although Microsoft is still in second place, it crossed an important threshold today. Market value of the company, 3 trillion dollars passed.

Microsoft became the second company in history to surpass $3 trillion

Microsoft has done this for the first time in its 48-year history. Also third in history, after Apple The second company to exceed a trillion dollar market value He also succeeded. Microsoft stock at the time of writing 404.88 Trading takes place in dollars. Note that this level was reached today with an increase of 1.50%.

Apple is still in first place. Apple’s current market value $3.022 trillion. AsMicrosoft $3.010 trillion It ranks second with. As in three $2.046 trillion and the Saudi Arabian oil company Saudi Aramco.

Apple, for the first time in 2021 It managed to cross the $3 trillion mark. Since then it has reached these levels from time to time. However, lately it has been competing very closely with Microsoft.

Moves in artificial intelligence blew Microsoft away

This success of Microsoft is reflected in the recent one artificial intelligence He came with his moves. From the largest investor in OpenAI to the artificial intelligence model Copilot (formerly Bing Chat), the company has made many important steps and attracted the attention of investors. These innovations have continued in recent months. Of course, the steps taken outside artificial intelligence over the past decade under the leadership of CEO Satya Nadella were also effective. As examples, acquisitions of companies such as Github, LinkedIn, Activision Blizzard, Mojang can be mentioned.

In January 2019, Microsoft’s stock price was $107. Currently it is $404. This is 4 years from now about 277% It means that there is an increase.

Source: Web Tekno

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