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Microsoft Tops Apple as World's Most Valuable Company
AppleApple(US:AAPL) PYMNTS·2024-01-11 17:57

Microsoft’s AI investments have helped it surpass long-time rival Apple as the world’s most valuable company.Shares in the software company climbed early Thursday (Jan. 11) to bring its market value to $2.87 trillion, ahead of that of Apple, the Financial Times (FT) reported. As the morning progressed, the two companies jumped back and forth between the number one and two spots several times, the report said.Microsoft has benefitted from investor enthusiasm in the rise of generative artificial intelligence ...