Amazon.com briefly became the world’s most valuable company Monday.
Amazon briefly become the world’s most valuable publicly-listed company for the first time on Monday.
Microsoft closed the week worth $851 billion, above Apple's $847 billion market cap.
Microsoft today surpassed Apple to become the world's most valuable publicly traded company as a result of Apple's continually declining share price, reports Business Insider.
MICROSOFT briefly overtakes APPLE as most valuable company...
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Microsoft tried through the years to compete in a range of buzzy consumer businesses, but it was Chief Executive Satya Nadella’s focus on selling humdrum yet fast-growing computing services to companies that allowed it to reclaim the title of world’s most valuable company.
Growth in Microsoft’s cloud business was up 76 percent in first quarter earnings for 2019.
Earlier this year, Apple became the first company to become worth more than a trillion dollars, but has since plummeted in value.
Amazon briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft dethroned longtime leader Apple. Amazon rose as much as 4.7 percent, putting its market capitalization at $865 billion. Apple was up 2.1 percent, giving it a market capitalization of $864.8 billion. Microsoft, which on Friday closed above...
Microsoft’s big bet on cloud computing is paying off as the company has surpassed Apple as the world’s most valuable publicly traded company.
Microsoft found stability by focusing on software and services over the internet