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.
Kim Kardashian has reunited with her husband Kanye West, after flying into Wyoming where she was pictured sobbing during...
Mavin Records CEO, Don Jazzy has stated that he doesn’t have s child out of wedlock. The music producer...
Nigerian sensational singer, Davido is celebrating his 26th birthday in style today as he shared a picture of himself...