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.
The estranged husband of Nollywood actress Mercy Aigbe, Lanre Gentry has shaded her for being fake. Lanre Gentry commented...
Tickets for Anthony Joshua vs Jermaine Franklin have not been selling as expected and it appears fans have branded...
Kehinde Adegbodu has shared a distressing account of a r0bbery incident at his home, revealing the fear and trauma his family is...