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.
Shola Ijanusi – manager at Kennis Musicjoins Mazi Kaycee and Dro Ameh as they go down memory lane – Sound Sultan‘s role in his present career...
Surface’ actor Eddie Hassell has been shot dead. Actor Eddie Hassell, most famous from NBC’s “Surface” has died after...
Nigerian singer, Jaywon has said he doesn’t think marriage is for him. Jaywon who welcomed a child in 2016...