Microsoft May Become The Most Expensive Company In The USA
(MENAFN- AzerNews) Microsoft Corporation is close to regaining the title of the
most expensive company in the United States, Azernews reports.
To do this, it only needs to surpass Apple, whose capitalization
is estimated at $2.83 trillion. Microsoft's market value is $2.73
trillion.
The increase in the value of Microsoft shares is due to an
increase in corporate expenses on a global scale, which, in turn,
contributes to the development of the Azure cloud computing
business. Success in this area is also associated with the growing
popularity and application of artificial intelligence (AI).
AI technologies have helped Microsoft outperform one of its main
competitors, Google (a subsidiary of Alphabet), in the field of
artificial intelligence. Over the last period, Microsoft shares
have risen by 57%, while Apple shares have risen by 47%.
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