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Microsoft became the second-ever company worth $3 trillion on Wednesday as the artificial intelligence boom sent shares of the company’s stock soaring higher.
But it later closed at $402.56, valuing Microsoft at $2.99 trillion, just below the threshold price of $403.65 that would have kept it above $3 trillion.
Market cap: $3.75 trillion. Stock price: $248.13. 2. Microsoft (MSFT) Microsoft is best known for its suite of software offerings including Microsoft Office. The company generated nearly $212 ...
On April 25, 2019, Microsoft made market history when it was valued at $1 trillion for the first time. As of the close of business on Oct. 4, 2019, its value had climbed to $1.042 trillion, and ...
Leading in sales for the quarter was Microsoft’s productivity business segment, which includes its Office suite of email and other workplace products, growing 12% to $28.3 billion. Microsoft’s cloud-focused business segment grew 20% from the same time last year to $24.1 billion for the three months ending Sept. 30.
On September 2, 2013, Microsoft announced its intent to acquire the mobile hardware division of Nokia (which had established a long-term partnership with Microsoft to produce smartphones built off its Windows Phone platform) [19] in a deal worth 3.79 billion euros, along with another 1.65 billion to license Nokia's portfolio of patents.
Microsoft reports $65.6 billion in quarterly sales as investors look to know if AI spending worth it REDMOND, Wash. (AP) — Microsoft on Wednesday reported an 11% increase in profit for the July-September quarter compared to the same time last year as investors looked for signs that the company's huge spending on artificial intelligence is ...
On April 25, 2019, Microsoft made market history when it was valued at $1 trillion for the first time. As of the close of business on Oct. 4, 2019, its value had climbed to $1.042 trillion, and ...