Microsoft’s market value exceeds $3 trillion, following Apple: the rise of the technology giant and its investments in artificial intelligence are impressive.
MicrosoftAs one of the US-based technology giants, it increased its market value above 3 trillion dollars for the first time. With this success, Microsoft managed to become the most valuable company in the world after Apple.
Microsoft’s Share Increase
Microsoft’s shares have gained more than 68 percent in value in the last year and rose by more than 1 percent today to $404.78. With this success, Microsoft’s market value reached 3.01 trillion dollars within the day.
With this market value, Microsoft has become the second most valuable company in the world. It comes after Apple, which is the leader with a market value of $ 3.03 trillion.
The rise in Microsoft’s shares on Wednesday was triggered by the rally in technology stocks after the digital streaming platform Netflix announced its financial results. The Nasdaq index, which is dominated by technology stocks, also experienced a gain of over 1 percent today.
All eyes on Microsoft
Microsoft’s intensive work in the field of artificial intelligence attracted attention with the rise in its shares. The company’s shares have gained more than 7 percent since the beginning of the year as investors responded positively to Microsoft’s artificial intelligence investments.
According to analysts, Microsoft’s strong position in productive artificial intelligence has been further strengthened. In particular, the balance sheet to be announced on January 30 is stated as an important focal point that will attract the attention of investors.