Amazon and Meta surge after results, while Apple drops
1 year, 2 months ago

Amazon and Meta surge after results, while Apple drops

Live Mint  

Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results. Meta's stock surged over 14% to a record high $451 after the bell, elevating its market capitalization by $148 billion to $1.16 trillion after the Facebook owner declared its first-ever dividend. Investor optimism about generative AI drove rallies in the U.S. stock market's most valuable companies last year, with many hitting all-time highs in recent sessions. Microsoft's lead over Apple in stock market value will probably grow over the next five years thanks to its early advantage in AI, 13 analysts consulted last week by Reuters unanimously agreed.

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History of this topic

Apple to invest $500Bn to build servers and hire 20,000 people to boost US AI capabilities
1 month, 1 week ago

Apple to invest $500Bn to build servers and hire 20,000 people to boost US AI capabilities

Firstpost  

A major highlight of Apple’s ambitious plan is the construction of a new advanced manufacturing facility in Houston. This site will focus on producing servers for Apple Intelligence, which were previously manufactured abroad Apple’s investment plan goes beyond manufacturing. Image Credit: Reuters Apple is going all-in on US President Donald Trump’s vision for AI with a massive $500 billion investment …

Apple to invest $500Bn to build servers and hire 20,000 people to boost US AI capabilities
Top News
1 month, 1 week ago

Apple to invest $500Bn to build servers and hire 20,000 people to boost US AI capabilities

Firstpost  

A major highlight of Apple’s ambitious plan is the construction of a new advanced manufacturing facility in Houston. This site will focus on producing servers for Apple Intelligence, which were previously manufactured abroad Apple’s investment plan goes beyond manufacturing. Image Credit: Reuters Apple is going all-in on US President Donald Trump’s vision for AI with a massive $500 billion investment …

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China
Trending News
1 month, 3 weeks ago

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China

Firstpost  

Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed steep increases in AI-related capital spending. Microsoft and Google’s market values dropped by $200 billion as their cloud divisions reported weaker growth Microsoft CEO Satya Nadella reaffirmed his commitment to spending $80 billion to expand Azure, emphasising the importance of capitalising on its early …

Google owner Alphabet's share price drops overnight - have investors had enough of spending on AI?
1 month, 4 weeks ago

Google owner Alphabet's share price drops overnight - have investors had enough of spending on AI?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The parent company of Google, …

Apple’s AI moment is still a ways off
2 months ago

Apple’s AI moment is still a ways off

Live Mint  

Apple’s fiscal first-quarter report Thursday afternoon showed iPhone revenue falling nearly 1% from a year earlier to $69.1 billion for the period. That was below even the anemic 1.4% growth Wall Street had anticipated—and a notable slowdown from the 6% revenue growth Apple’s largest product line showed in the same period last year. Apple Chief Executive Tim Cook said on …

Apple logs 'best quarter ever but iPhone sales dip despite AI rollout
2 months ago

Apple logs 'best quarter ever but iPhone sales dip despite AI rollout

Hindustan Times  

Despite logging what its CEO called the “best quarter ever”, smartphone giant Apple's sales growth fell short of market expectations as iPhone sales dipped slightly during the holiday-season despite AI rollout. ‘Best quarter ever’ The company posted a profit of $36.3 billion, with CEO Tim Cook calling it “the best quarter ever.” Apple reported a record revenue of $124.3 billion …

Apple shares rise over 3% after positive sales outlook signals iPhone recovery
2 months ago

Apple shares rise over 3% after positive sales outlook signals iPhone recovery

Live Mint  

Apple executives on Thursday forecast relatively strong sales growth, a sign the company will recover from a dip in iPhone sales as it rolls out artificial intelligence features. Despite the AI rollout stumbles, Apple's overall sales and profits were boosted by stronger-than-expected sales in its fiscal first quarter of iPads and Macs, where new chips helped persuade customers to upgrade. …

Microsoft and Meta’s AI splurge still not enough for Nvidia
2 months ago

Microsoft and Meta’s AI splurge still not enough for Nvidia

Live Mint  

That was what Microsoft and Meta Platforms have in combined capital spending in the December-ended quarter, according to the companies’ earnings reports Wednesday afternoon. And that follows a bruising run that has already clipped around 15% off the company’s stock price since last week, when a Chinese AI startup published claims about developing an advanced AI model at a fraction …

Microsoft shares drop 5%, Meta up 2% after Q1 results, both companies post profit
2 months ago

Microsoft shares drop 5%, Meta up 2% after Q1 results, both companies post profit

Live Mint  

Q1 results: Tech giant Microsoft's shares dropped 5 per cent, while fellow Silicon Valley stock Meta was up 2 per cent after their October-December Q1 results, according to AP reports. Microsoft Shares Down 3% Microsoft shares dropped 5 per cent in after-hours trading Wednesday but were still higher than Monday, when the tech giant was hit by a broader tech …

Nvidia's market value gets $2 trillion boost in 2024 on AI rally
3 months ago

Nvidia's market value gets $2 trillion boost in 2024 on AI rally

The Hindu  

Nvidia emerged as the biggest global gainer in market capitalisation for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. At …

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally
3 months ago

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally

Live Mint  

- Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. …

What's Driving Apple's Nearly $4-Trillion Market Valuation? Let's Take A Closer Look
3 months, 1 week ago

What's Driving Apple's Nearly $4-Trillion Market Valuation? Let's Take A Closer Look

ABP News  

Apple, the Cupertino-based tech giant that brings iPhones and MacBooks, is on the verge of achieving a groundbreaking $4 trillion market valuation, driven by a surge in its stock price and growing optimism around its artificial intelligence initiatives, as reported by Forbes. Shares Soar, Closing In On Milestone Since November, under CEO Tim Cook, Apple's stock has climbed 16 per …

Apple approaches $4 trillion valuation as investors bet on AI momentum
3 months, 1 week ago

Apple approaches $4 trillion valuation as investors bet on AI momentum

The Hindu  

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales. it is a function of limited Apple Intelligence features and geographic availability, and as both broaden, it will help to drive an improvement in iPhone demand," Morgan Stanley analyst Erik Woodring said …

Apple approaches historic $4 trillion valuation, it is now also ahead of Nvidia and Microsoft
3 months, 1 week ago

Apple approaches historic $4 trillion valuation, it is now also ahead of Nvidia and Microsoft

India Today  

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales. it is a function of limited Apple Intelligence features and geographic availability, and as both broaden, it will help to drive an improvement in iPhone demand," Morgan Stanley analyst Erik Woodring said …

Apple's stock at all time high, tech co back as most valuable company thanks to Apple Intelligence
3 months, 2 weeks ago

Apple's stock at all time high, tech co back as most valuable company thanks to Apple Intelligence

Firstpost  

According to JPMorgan analyst Samik Chatterjee, the real AI windfall will come with the expected 2025 launch of the iPhone 17. He projects iPhone sales will rise from 230 million units this fiscal year to 251 million the following year Apple’s stock currently trades at 34 times its projected earnings over the next 12 months, making it one of the …

Nvidia surpasses $3.6 trillion market value after Trump win
4 months, 3 weeks ago

Nvidia surpasses $3.6 trillion market value after Trump win

Deccan Chronicle  

Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street extended a rally sparked by Donald Trump's return to the White House. Nvidia's stock market value ended the day at $3.65 trillion, beating Apple's record closing market capitalization of $3.57 …

NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector
4 months, 3 weeks ago

NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector

Firstpost  

The buzz around NVIDIA isn’t just politics. The company has become a major player in the US stock market’s tech rally, driven by a fierce competition among Microsoft, Alphabet, and others in the race to dominate artificial intelligence The AI chip giant saw its stock jump by 2.2 per cent, a bump that propelled NVIDIA's market capitalisation to $3.65 trillion, …

Nvidia surpasses $3.6 trillion market value after Trump win
4 months, 3 weeks ago

Nvidia surpasses $3.6 trillion market value after Trump win

The Hindu  

Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street extended a rally sparked by Donald Trump's return to the White House. Nvidia's stock market value ended the day at $3.65 trillion, beating Apple's record closing market capitalisation of $3.57 …

Apple's AI-Powered iPhone Sales Resurgence: A Turning Point for the Tech Giant
5 months ago

Apple's AI-Powered iPhone Sales Resurgence: A Turning Point for the Tech Giant

The Hindu  

Apple's iPhone sales have rebounded after a recent slump, with the company reporting a 6% increase in revenue and profit for the July-September period. The iPhone boost helped Apple deliver total quarterly revenue and profit that exceeded analyst projections, despite an one-time charge of $10.2 billion to account for a recent European Union court decision. The latest quarterly results captured …

Microsoft, Meta and the burden of expectations knock Wall Street sharply lower
5 months ago

Microsoft, Meta and the burden of expectations knock Wall Street sharply lower

LA Times  

The Standard & Poor’s 500 sank 1.9% for its worst day in eight weeks and fell further from its record set earlier this month. The downside of high expectations thumped Wall Street on Thursday, and Microsoft and Meta Platforms dragged U.S. stock indexes lower despite delivering strong profits for the summer. Both Microsoft and Meta Platforms have soared in recent …

Nvidia Soars Past Apple to Become World's Most Valuable Company
5 months, 1 week ago

Nvidia Soars Past Apple to Become World's Most Valuable Company

Deccan Chronicle  

Nvidia surpasses Apple as the world's most valuable company, with its stock market value exceeding Apple's by a small margin. This surge in Nvidia's stock is attributed to insatiable demand for its specialized AI chips, boosting the company's market value to a record high. Meanwhile, Apple's stock remains stable, with its market value slightly higher than Nvidia's but still significantly …

Nvidia Soars Past Apple to Become World's Most Valuable Company
Trending News
5 months, 1 week ago

Nvidia Soars Past Apple to Become World's Most Valuable Company

Firstpost  

Nvidia surpasses Apple to become the world's most valuable company, with its market cap reaching $3.53 trillion. This surge in stock value is driven by insatiable demand for Nvidia's AI chips, which have become essential for various AI applications. Despite Apple's strong presence in the tech industry, Nvidia's dominance in the AI chip market has solidified its position as the …

Apple's AI Journey: A Focus on Quality Over Speed
5 months, 1 week ago

Apple's AI Journey: A Focus on Quality Over Speed

Firstpost  

Apple CEO Tim Cook emphasizes the importance of quality over speed when it comes to artificial intelligence (AI). He believes that Apple will be the leader in the space due to its focus on refining and perfecting its offerings. Cook acknowledges that innovation takes time, but he is confident that Apple will deliver meaningful and impactful products that enhance everyday …

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers
7 months ago

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers

Associated Press  

Nvidia has once again turned out quarterly results that easily exceeded Wall Street’s forecast s. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. $26.3 billion Nvidia’s revenue from its data center business for the quarter ended July 31, up 154% from a year ago. $32.5 billion Nvidia’s estimate for overall revenue …

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers
7 months ago

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Sinking AI darlings drag Nasdaq 100 into correction territory: Amazon, Tesla, Nvidia, Microsoft, Intel, Google
8 months ago

Sinking AI darlings drag Nasdaq 100 into correction territory: Amazon, Tesla, Nvidia, Microsoft, Intel, Google

Hindustan Times  

The violent rotation from Big Tech plunged the Nasdaq 100 Index into correction territory, wiping out more than $2 trillion in value in just over three weeks, as traders unwound bets that had been minting money for over a year. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “This is an amazing about-face, like we’ve crashed into a brick wall,” said Bill Stone, chief …

Meta shares surge after tech giant reports $13.5bn profit
8 months ago

Meta shares surge after tech giant reports $13.5bn profit

Al Jazeera  

CEO Mark Zuckerberg says Meta AI is on track to be the most used AI assistant worldwide by the year’s end. “We had a strong quarter, and Meta AI is on track to be the most used AI assistant in the world by the end of the year,” Meta founder and CEO Mark Zuckerberg said. “We’ve released the first frontier-level …

Microsoft sinks, chipmakers climb as AI rally faces divide
8 months ago

Microsoft sinks, chipmakers climb as AI rally faces divide

The Hindu  

Disappointing quarterly results from Microsoft melted $340 billion of stock market value on Tuesday from it and rival heavyweights racing to dominate artificial intelligence technology, while Nvidia and other AI chip sellers rallied after results from Advanced Micro Devices. Its capital expenditure, including finance leases, jumped 78% in the quarter to $19 billion, with Microsoft saying it needs to expand …

Apple records highest growth as the global PC market continues its recovery in Q2 2024
8 months, 3 weeks ago

Apple records highest growth as the global PC market continues its recovery in Q2 2024

The Hindu  

The global PC market delivered its second quarter of growth following seven consecutive quarters of decline. Worldwide shipments reached 64.9 million units in the second quarter of 2024 with the overall market benefitting from commercial refresh cycles, hype around AI PCs and promotional activity from consumer-oriented brands, IDC shared in a blog post. While there is buzz around AI, a …

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value
9 months, 1 week ago

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value

NPR  

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value toggle caption Jenny Kane/AP NEW YORK — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant's stock past that threshold. Amazon now joins Google's parent Alphabet, software behemoth Microsoft, iPhone maker Apple and chip maker Nvidia …

Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time
9 months, 1 week ago

Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time

Associated Press  

NEW YORK — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold. Amazon now joins Google’s parent Alphabet, software behemoth Microsoft, iPhone maker Apple and chip maker Nvidia among companies with valuations of at least $2 trillion. Most of the focus has been on business-focused products, …

Nvidia becomes world's most valuable company, toppling Microsoft amid pursuit of AI domination
9 months, 2 weeks ago

Nvidia becomes world's most valuable company, toppling Microsoft amid pursuit of AI domination

ABC  

In short: Nvidia has overtaken Microsoft to become the world's most valuable company in market capitalisation. Nvidia has overtaken Microsoft to become the world's most valuable company in market capitalisation. Technology multinational Nvidia has become the world's most valuable company, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence computing. …

Apple is world's most valuable company again after Microsoft briefly took title
9 months, 2 weeks ago

Apple is world's most valuable company again after Microsoft briefly took title

Hindustan Times  

Apple overtook Microsoft becoming the world’s most valuable company again flanked by improving investor sentiment over its growth and position with artificial intelligence. Since January, this marks the first time that Apple closed with a higher market value than Microsoft. Earlier this week, Apple closed in third place behind Nvidia Corp. Rhys Williams, chief strategist at Wayve Capital Management, said, …

Apple Intelligence pushes iPhone maker’s stock to record high, market cap at $3.18tn
9 months, 3 weeks ago

Apple Intelligence pushes iPhone maker’s stock to record high, market cap at $3.18tn

Firstpost  

Apple stock went up by over 7.26% after a day of Apple Intelligence getting announced. This also pushed Apple’s market cap to over $3.18 trillion, way clear of NVIDIA’s $2.97 trillion Apple stock has been through a rather rough phase this year. Following the debut of Apple Intelligence at WWDC 2024, Apple’s stock price soared to a record high, closing …

US stock markets: Apple stock hits record high on AI announcements
9 months, 3 weeks ago

US stock markets: Apple stock hits record high on AI announcements

Live Mint  

Apple Inc. stock climbed more than 6 per cent to hit a record high on Tuesday, following its long-awaited AI strategy, presented at its annual developer conference WWDC. Apple’s AI announcements eased concerns about the company’s growth as investors hope that customers will pay up for the next generation of iPhones. A look at some of the new features for …

Apple poised to launch its late start in the AI race with ambitions to overtake the early leaders
9 months, 3 weeks ago

Apple poised to launch its late start in the AI race with ambitions to overtake the early leaders

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Monday's conference “represents the most important event for …

Microsoft Feels It Can Finally Beat Apple With Its Big Plans For The PC Market: What We Know
11 months, 3 weeks ago

Microsoft Feels It Can Finally Beat Apple With Its Big Plans For The PC Market: What We Know

News 18  

Microsoft is going all in on AI PCs in 2024 and going forward and the company is now even confident of challenging Apple’s M-series silicone with its own focus on AI hardware and software integration. Reports this week suggest Microsoft is banking on the Qualcomm’s new Snapdragon X Elite to give Windows PCs the performance that not only matches but …

Tim Cook-led Apple acquires Canadian startup DarwinAI in major AI push
1 year ago

Tim Cook-led Apple acquires Canadian startup DarwinAI in major AI push

Hindustan Times  

Apple has acquired Canadian artificial intelligence startup DarwinAI, Bloomberg has learnt. According to the report, dozens of DarwinAI employees had joined Apple's AI division, who refused to be identified as the deal has not been formally announced. Apple CEO Tim Cook has promised that the company will 'break grounds' in AI this year. Tim Cook has promised that Apple will …

Apple's shares tanking: Why stock value has fallen 12% in value since Dec 2023’s all-time high
1 year ago

Apple's shares tanking: Why stock value has fallen 12% in value since Dec 2023’s all-time high

Firstpost  

Apple’s slowing sales, numerous court cases, large fine and current AI strategy has caused its stock by about 10 per cent since it reached an all time high in December 2023. This has caused its market cap to go down by $300 billion Apple's slowing sales, numerous court cases, large fine and current AI strategy has caused its stock by …

Apple to reveal AI plans later this year: CEO Tim Cook
1 year, 1 month ago

Apple to reveal AI plans later this year: CEO Tim Cook

Hindustan Times  

Apple plans to disclose more about its plans to put generative artificial intelligence to use later this year, Chief Executive Officer Tim Cook said during the company's annual shareholder meeting on Wednesday. Tim Cook, chief executive officer of Apple Inc. Cook said that the iPhone maker sees "incredible breakthrough potential for generative AI, which is why we're currently investing significantly …

Microsoft CEO Satya Nadella caps a decade of change and tremendous growth
1 year, 1 month ago

Microsoft CEO Satya Nadella caps a decade of change and tremendous growth

Associated Press  

Satya Nadella marks his tenth year as Microsoft CEO on Sunday, capping a decade of stunning growth as he pivoted the slow-moving software giant into a laser focus on cloud computing and artificial intelligence. “Nadella’s had the biggest transformation of a tech company potentially ever,” said Wedbush Securities analyst Daniel Ives. While Nadella has been emphasizing AI for most of …

Tim Cook teases Apple generative AI announcement for ‘later this year’
1 year, 2 months ago

Tim Cook teases Apple generative AI announcement for ‘later this year’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Apple boss Tim Cook has …

Amazon and Meta—Nothing Artificial About These Results
1 year, 2 months ago

Amazon and Meta—Nothing Artificial About These Results

Live Mint  

The e-commerce titan and social networking giant both posted strong fourth-quarter results late Thursday. The two beat Wall Street’s consensus targets for both revenue and operating income by wider margins than Microsoft and Google-parent Alphabet did with their respective December quarter reports earlier in the week. The company did manage to beat Wall Street’s projections for its all-important iPhone revenue, …

Apple's stock takes a $70 billion hit after earnings calls despite strong earnings, Meta and Amazon surge
1 year, 2 months ago

Apple's stock takes a $70 billion hit after earnings calls despite strong earnings, Meta and Amazon surge

Firstpost  

Meta and Amazon witnessed a substantial surge in their stock market values, collectively adding $280 billion, while Apple’s value dipped by $70 billion following the release of their respective quarterly results. In contrast, Apple’s quarterly results exceeded analysts’ expectations, but a 3.3 per cent dip in its stock value occurred as sales in China fell short of estimates. However, analysts …

Amazon and Meta surge after results, while Apple drops
1 year, 2 months ago

Amazon and Meta surge after results, while Apple drops

The Hindu  

Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results. Investor optimism about generative AI drove rallies in the U.S. stock market's most valuable companies last year, with many hitting all-time highs in …

AI companies lose $190 billion in market cap after Alphabet and Microsoft report
1 year, 2 months ago

AI companies lose $190 billion in market cap after Alphabet and Microsoft report

The Hindu  

AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring. The selloff following the tech giants' reports after the bell underscored investors' elevated expectations following an AI-fueled stock market rally in recent months that propelled their shares …

Microsoft profit soars 33% on AI, cloud-computing investments
1 year, 2 months ago

Microsoft profit soars 33% on AI, cloud-computing investments

Associated Press  

SAN FRANCISCO — Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. Analysts polled by FactSet Research expected Microsoft to generate revenue of $61.14 billion, and currently project revenue of $60.97 billion for the January-March quarter. Microsoft’s cloud-focused business segment outgrew its other divisions, with revenue expanding …

Investors see Microsoft's stock market value leaving Apple behind
1 year, 2 months ago

Investors see Microsoft's stock market value leaving Apple behind

The Hindu  

Microsoft's early lead in artificial intelligence has the software heavyweight's stock market value poised to pull decisively ahead of Apple's over the next five years, 13 institutional investors unanimously agreed ahead of the tech titans' quarterly results this week. Microsoft's shares have surged 7% so far in 2024, recently sending its stock market value above $3 trillion and dethroning Apple …

Microsoft hits $3 trillion market value, briefly surpasses Apple Inc as world's most valued company
1 year, 2 months ago

Microsoft hits $3 trillion market value, briefly surpasses Apple Inc as world's most valued company

Hindustan Times  

As the company shares rallied on the stock market, tech giant Microsoft's market value hit $3 trillion for the first time on Wednesday, briefly making it the most valued company in the world. Microsoft market value surpasses $3 trillion on Wednesday Eventually, Microsoft retained its position as the second most valued company in the world, just behind iPhone maker Apple. …

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