Microsoft’s Market Value Surpasses $3 Trillion Mark

Microsoft's stock market valuation crossed the $3 trillion mark on Wednesday. Microsoft’s shares rose 1.7 percent to hit a record high of $405.63 per stock. Microsoft has been competing with Apple for the top spot on the Wall Street. Apple is the world's most valuable company with a market capitalisation of $3.1 trillion. Microsoft’s stock rally since the start of the year has been attributed to growth led by artificial intelligence. With its investment in ChatGPT maker OpenAI, Microsoft is widely seen as a frontrunner in the race for market dominance in the rollout of generative AI .

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