« previous next »
Pages: [1]   Go Down

Author Topic: Microsoft briefly retakes stock market crown from Apple  (Read 488 times)

0 Members and 1 Guest are viewing this topic.

Offline Gefn

  • "And though she be but little she is fierce"-Shakespeare
  • Cat Mod
  • *****
  • Posts: 15,966
  • Gender: Female
  • Quos Deus Vult Perdere Prius Dementat
Microsoft briefly retakes stock market crown from Apple
« on: January 12, 2024, 08:45:49 am »
Microsoft is nipping at the heels of longtime leader Apple, in the never-ending race to be the largest U.S. company.

Why it matters: It's another sign of how the emergence of artificial intelligence is prompting a reshuffling of the giant tech companies that dominate the market and heavily influence the U.S. economy.

Driving the news: In an otherwise sleepy session Thursday, the market value of Apple and Microsoft briefly crisscrossed before noon, after which Microsoft faded and left America's corporate league tables unchanged by the end of trading.

Both companies are worth just a touch under $2.9 trillion, according to FactSet data.



https://www.axios.com/2024/01/11/microsoft-overtakes-apple-largest-us-company
Logged
G-d bless America. G-d bless us all                                 

Adopt a puppy or kitty from your local shelter
Or an older dog or cat. They're true love❤️

Offline Gefn

  • "And though she be but little she is fierce"-Shakespeare
  • Cat Mod
  • *****
  • Posts: 15,966
  • Gender: Female
  • Quos Deus Vult Perdere Prius Dementat
Re: Microsoft briefly retakes stock market crown from Apple
« Reply #1 on: January 12, 2024, 08:47:32 am »
fyi for those who follow the stock market


\
Logged
G-d bless America. G-d bless us all                                 

Adopt a puppy or kitty from your local shelter
Or an older dog or cat. They're true love❤️

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Moderator
  • *****
  • Posts: 25,272
  • Gender: Male
Re: Microsoft briefly retakes stock market crown from Apple
« Reply #2 on: January 12, 2024, 09:12:30 am »
Clash of the titans.  MS is riding high on the AI speculation boom, while AAPL has taken a few consumer product hits of late.

LT bet?  and if you have to go into the Tech Sector?  Chips and other fungible hardware.   Just my $.02

Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.
Pages: [1]   Go Up
« previous next »