Business Maverick: Microsoft Rejoins Apple in $2 Trillion Club as Rally Accelerates

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A rally in the shares of Microsoft Corp. has the software giant’s market value set to close above $2 trillion for the first time in nearly six months amid a rebound in technology stocks.

Microsoft rose as much as 3.4% to $276.76 early Wednesday, joining Apple Inc. as the only stocks with market capitalizations above $2 trillion. This is the first time it has exceeded that level since August after rallying 29% from a November low. Apple has a market value of about $2.44 trillion.

Recent gains in the stock have come amid widespread investor interest in all things related to artificial intelligence. Last month, Microsoft

 

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