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.
Super Falcons forward player, Asisat Oshoala has been nominated for the 2022 Women’s Ballon d’Or player of the year...
Oh dear! These releases of albums has been causing serious kasala o, lol. So it started after Wizkid released...
Snoop Dogg meant no disrespect to African-Americans when he said the struggling Lakersoughta go away on a “slave ship”...