Market price Microsoft MSFT.O It surpassed the $3 trillion mark for the first time today, maintaining its position as the world’s second-most valuable company, just behind iPhone maker Apple AAPL.O .
Microsoft and Apple have battled for the top spot as the company with the highest market value on Wall Street since the start of the year. In early January, the iPhone maker briefly lost its crown to the software giant.
Microsoft shares hit a record high of $405.15, up 1.6%, pushing the tech giant past the $3 trillion market capitalization barrier.
Apple shares traded at $196.04, up 0.4%, giving the company a market value of $3.03 trillion, according to LSEG.
Wall Street’s race to all-time highs will be tested in the coming weeks as major U.S. technology companies begin reporting results.
(according to information from Reuters)
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
