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.
Hushpuppi is investing in Ivory Coast, sorry not Nigeria. The Nigerian instagram big boy who has been based in...
Superstar footballer, Neymar’s mansion in France was reportedly broken into before the Paris Saint-Germain star played and scored in...
Formula One racing star, Lewis Hamilton has revealed that he has struggled with his mental health “for much of...