Microsoft joins Apple with US$2 trillion valuation on back of cloud computing growth

//Microsoft joins Apple with US$2 trillion valuation on back of cloud computing growth

Microsoft joins Apple with US$2 trillion valuation on back of cloud computing growth

Microsoft Corp took its place in the history books as just the second US public company to reach a US$2 trillion market value, buoyed by bets its dominance in cloud computing and enterprise software will expand further in a post-coronavirus world.Its shares rose as much as 1.2 per cent in New York on Tuesday, enough for the software company to briefly join Apple Inc as one of only two companies trading at such a lofty value before closing pennies short of the mark at US$265.51. Saudi Aramco…

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By | 2021-06-23T01:58:00+00:00 June 23rd, 2021|Technology|Comments Off on Microsoft joins Apple with US$2 trillion valuation on back of cloud computing growth