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.
Tamar Braxton and her Nigerian boyfriend, David Adefeso attended the 2019 Afro Ball at The Alexandria Ballroom in Los...
It seems like the depression is the latest hot topic in town as Nigerian celebrities are either coming out...
Meghan Markle may officially be a royal now, but she’s still taking risks! The newly minted Duchess of Sussex...