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.
Singer Ariana Grande and Mikey Foster, of the band Social House, are ‘not dating anymore,’ reports Us Magazine. The...
Comedienne Emmanuella just got an invitation by the Senate President, Bukola Saraki to visit the National Assembly after she...
Popular skit maker, Nasboi, has sparked a debate online after sharing his thoughts about relationships and reasons for marriage....