Microsoft has overtaken Apple for the first time since 2021 to become the world’s most valuable firm by market capitalisation – which measures the value and number of a company’s shares.
Microsoft surpassed Apple at numerous points throughout Thursday’s trading on the New York Stock Exchange (NYSE) when its value reached $2.87trn and Apple shares fell by 1%.
But Apple reclaimed the top spot as the trading day wore on.
This latest movement comes on the back of a major investment in artificial intelligence (AI) by Microsoft.
It’s the largest backer of OpenAI, the company behind the game-changing generative AI chatbot ChatGPT.
AI is also being embedded into Microsoft products such as its Bing search engine.
Gambian actress, Princess Shyngle has revealed how she got to have a very tiny waist which makes her look...
Canadian rapper Tory Lanez has been sentenced to 10 years in prison, for shooting fellow musician Megan Thee Stallion...
Nollywood actress, Lilian Esoro, loses mother.. Popular Nollywood actress, Lilian Esoro, has announced the passing of her mother. The...