Microsoft has overtaken Apple to become the world's most valuable company: how did this happen?
In recent days, the financial world has been rocked as Microsoft has stepped forward to overtake longtime rival Apple as the world's most valuable company. What's behind this surprising turnaround and how has Microsoft managed to take the lead in the global market?
On January 11, Microsoft opened a new chapter in its history when it once again became the world's most valuable company. This transformation comes afterApple's stockbegan to weaken on fears of falling demand.
Microsoft's journey to the top began last year when its stock experienced a surge thanks to strategic investments in artificial intelligence through a partnership with OpenAI, the creator of ChatGPT. These bold moves have allowed Microsoft to move to the forefront of technological innovation and gain an edge in cloud computing.
Microsoft's stock has pushed the company' s total market valuation to $2.85 trillion. During the Jan. 11 trading session, $MSFT stock even rose 2%, bringing the company's short-term value to $2.9…