Microsoft surpasses $3 trillion market cap as it advances in AI
Microsoft’s market cap briefly exceeded $3 trillion for the first time in its history on Wednesday, positioning it as the world’s second-largest company in terms of market value, following Apple Inc. Since the beginning of the year, the tech giants have been competing for the top spot, with the iPhone maker temporarily capitulating its position to the Washington-based firm on January 12th. Microsoft stocks climbed more than 1% and hit a record high of $405.15 as investors rallied around the company’s expansion into AI. According to CNBC, the shares are reportedly up more than 7% year to date. Apple became the first company to hit $3 tr...... Read Full article on HadNews