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Microsoft Surpasses $3.1 Trillion in Market Value, Becoming Most Valuable US Company

Microsoft became the first company in the United States to exceed $3.1 trillion in market value, just two weeks after its market value exceeded $3 trillion for the first time.

At the end of trading the day before yesterday, the value of the Windows developer’s shares increased 1.55% to $420.55, bringing the market value to $3.124 trillion, according to “Companies Market Cap” data. The stock of the company supporting the developer of “GPT Chat” achieved a record closing level for the third session in a row, and for the seventh time since the beginning of this year.

On the other hand, Apple shares closed up 0.4% at $188.85, giving the American mobile phone maker a market value of $2.916 trillion and occupying second place among the most valuable global companies. Microsoft’s stock has risen 11.85% since the beginning of the year, supported by artificial intelligence and cloud computing, while the iPhone maker’s stock has lost 1.9% as consumer spending slows.

2024-02-10 22:29:05
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