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

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 84%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Business Maverick: Rothschilds Map Bank’s New Path With $4 Billion Go-Private DealAfter decades in public markets, the Rothschild dynasty — one of the most storied names in banking — has decided its flagship bank is best in private hands.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »

Business Maverick: Governors Sue Nigeria Over Naira Redesign as Cash VanishesNigeria’s demonetization plan is causing a schism within the ruling All Progressives Congress.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »

Business Maverick: Top Gold Miner Newmont Offers $17 Billion for NewcrestNewmont Corp. is offering $17 billion to acquire Australia’s Newcrest Mining Ltd. and create a global precious metal behemoth as miners look to boost reserves.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »

Business Maverick: UK steps up planning for digital pound backed by BOEThe Bank of England and the UK Treasury stepped up work on creating a digital currency to sit alongside physical banknotes and sought to allay concerns that the work could threaten the stability of banks.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »

Business Maverick: China eases housing curbs in Wuhan, paving way for other cities to followA major city in China has eased a key restriction on housing purchases, paving the way for more cities to follow suit and prop up demand as the property slump in the world’s second-biggest economy drags on.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »

Business Maverick: NYSE plans to pay in full majority of claims after glitchInvestors burned by last month’s malfunction on the New York Stock Exchange can recoup all of their losses, but only if their trades fit certain parameters. The rest may wind up with nothing.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »