https://www.freshstuffs.com.ng/2018/05/microsoft-is-now-worth-760-billion.html?m=1
Microsoft CEO Satya Nadella can brag to Bill Gates that the
company's stock price has never been higher during
Microsoft's 32-year history as a public company than it is
now.
And Microsoft's market value just passed rival Google's too.
Shares of Microsoft (MSFT ) rose nearly 1% Wednesday and
are now up more than 15% this year. The company is worth $
760 billion, more than Google (GOOGL ) owner Alphabet's
market cap of $745 billion.
Microsoft now trails fellow Washington state native Amazon
(AMZN) by about $30 billion for second place in the market
value race.
Apple (AAPL), the world's most valuable company, is worth
about $920 billion. Apple lost some ground Wednesday
though. It was one of only two stocks in the Dow that were
lower Wednesday afternoon. GE (GE ) was the other.
But times have never been better for Microsoft, because of
Nadella's strategy to focus the company more on cloud
computing after former Microsoft CEO Steve Ballmer stepped
down in 2014.
Source: CNN