Microsoft (briefly) becomes the world's third trillion-dollar company

  • 📰 abcnews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 83%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Microsoft is (once again) the world's most valuable tech company after its market value climbed past the $US1,000,000,000,000 mark — for about half an hour.

Their values have since fallen as global markets entered into a correction in late-2019Apple and Amazon are the only companies to have previously cracked the trillion-dollar milestone, before their shares plummeted, along with global markets in late-2018.

In extended trading, Microsoft was able to briefly join the exclusive 13-digit club when its share price jumped as high as $US130.87. Microsoft's"commercial cloud" revenue includes business use of Azure, Office 365 and professional networking website LinkedIn.Azure, in particular, experienced rapid revenue growth of 73 per cent.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It also joined the fossil fuel legal immunity from climate change prosecution club.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Daughter 'in tears' as insurance company sells woman with dementia $15,000 funeral policyRobyn O'Neill has dementia, so when her daughter discovered she'd signed up for a $15,000 funeral insurance policy, she was stunned. Disgraceful behaviour from the insurance company, but then again what else would you expect from the insurance industry! These funeral plans are a giant con! Read the fine print...!!! How very cruel is that? It's just a numbers game for the insurance companies. They only cancel the dodgy contracts that get found and called out on, and keep on keeping on defrauding the elderly and mentally ill.
Source: abcnews - 🏆 5. / 83 Read more »