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Microsoft became the second-ever company worth $3 trillion on Wednesday as the artificial intelligence boom sent shares of the company’s stock soaring higher.
On April 25, 2019, Microsoft made market history when it was valued at $1 trillion for the first time. As of the close of business on Oct. 4, 2019, its value had climbed to $1.042 trillion, and ...
Bloomberg L.P. Archived from the original on 22 June 2021. Retrieved 22 June 2021. ^ Oguh, Chibuike (24 January 2024). "Microsoft hits $3 trillion market value, second to Apple". Reuters. Retrieved 26 January 2024. ^ Seitz, Patrick (9 July 2024). "Apple Stock First To Close Above $3.5 Trillion Market Cap".
Microsoft Corporation is an American multinational corporation and technology company headquartered in Redmond, Washington. [ 2 ] Its best-known software products are the Windows line of operating systems, the Microsoft 365 suite of productivity applications, the Azure cloud computing platform and the Edge web browser.
Since Microsoft's first acquisition in 1986, it has purchased an average of six companies a year. The company purchased more than ten companies a year between 2005 and 2008, and it acquired 18 firms in 2006, the most in a single year, including Onfolio, Lionhead Studios, Massive Incorporated, ProClarity, Winternals Software, and Colloquis.
But it later closed at $402.56, valuing Microsoft at $2.99 trillion, just below the threshold price of $403.65 that would have kept it above $3 trillion.
However, that's expected to grow to $1.44 trillion by 2029. That's a huge market opportunity, and Microsoft has been doing quite well at expanding Azure's reach. It currently sits in second place ...
Microsoft is a multinational computer technology corporation. Microsoft was founded on April 4, 1975, by Bill Gates and Paul Allen in Albuquerque, New Mexico. [1] Its current best-selling products are the Microsoft Windows operating system; Microsoft Office, a suite of productivity software; Xbox, a line of entertainment of games, music, and video; Bing, a line of search engines; and Microsoft ...