Microsoft Notches Record Valuation Of $2.6 tn
As market excitement about the potential of artificial intelligence (AI) has helped lift the technology giant to a record market value of $2.59 trillion, Microsoft Corp shares rose to a fresh record high close on Thursday.
On Thursday, Microsoft’s shares increased 3.2% to close at $348.10 a share. The stock, which has increased by over 45% so far this year, hit its previous record close of $343.11 on November 19, 2021. On November 22, 2021, the stock’s intraday record high was $349.67.
Additionally, on Thursday, shares of Apple Inc. closed at a record high of $186.01, while those of the manufacturer of graphics chips Nvidia hit a brand-new intraday record of $432.89.
(With inputs from Shikha Singh)
You need to login in order to Like
