Trillion-dollar club: 10 most valuable tech giants in 2024
From Silicon Valley to Shenzhen, these are the tech behemoths shaping our digital present (and future).
Stay updated with breaking news from Microsoft Valuation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
From Silicon Valley to Shenzhen, these are the tech behemoths shaping our digital present (and future).
The surge in valuation occurred after the company's stock experienced a 1.5% increase in trading on Nasdaq late on Wednesday.
A handful of times since 2018, Microsoft has briefly taken the lead over Apple as the most valuable company, most recently in 2021, when concerns about supply chain shortages related to the COVID-19 pandemic hit the iPhone maker's stock price.
Microsoft overtook Apple as the world's most valuable company on Thursday after the iPhone maker began 2024 with its worst start in years due to growing demand concerns.
Microsoft's shares closed up 3.2% at $348.10 per share on Thursday. The stock, which has gained more than 45% in the year to date, reached its prior record close of $343.11 on Nov. 19, 2021. The stock's intraday record high was $349.67 on Nov. 22, 2021.