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.
Actress and mum of two, Funke Akindele-Bello, has advised single ladies to take their time in getting married, warning...
Big Brother Naija, BBNaija 2020 housemate, Kiddwaya has said he cannot be compared with any housemate in the reality...
Cardi B has announced she’s expecting her fourth child The baby will be Cardi’s first with NFL player, Stefon...