Microsoft is now worth more than $ 4 billion, becoming only the second company to pass a milestone | Money news Aitrend

Microsoft only became the second company listed after NVIDIA to exceed $ 4 TRN (3.03 TRN) in market assessment, after having recorded huge income.

On Thursday, the actions increased to Wall Street with the S&P 500 and the Nasdaq climbing to new records.

Storage Microsoft jumped after publishing better than expected results, helped by its Azure Cloud Computing platform, which is a centerpiece of the company artificial intelligence (Ia) efforts.

Sharing in Facebook and the parent company of Instagram, MetaAlso has increased after beating up sales and profit objectives.

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Technology giants Apple And Amazon will report their results after closing Wall Street.

Microsoft first fell in love with 1 TRN (760 billion pounds sterling) in April 2019But his move to 3TRN (2.27 TRNN) took more time than the technology giants Nvidia and Apple.

Nvidia tripled its value in about a year and Cick up the milestone of $ 4,000 Before any other company on July 9. Apple was assessed for the last time at 3.12 meters.

In comparison, the largest British company per market value is the manufacturer of Astrazeneca medication, worth $ 235.97 billion (178.55 billion pounds Sterling).

According to tradingView.com, companies classified by market value (USD) (USD), according to tradingView.com

1. NVIDIA (United States) 4.43 TRN
2. Microsoft (United States) 4 TRN
3. Apple (US) $ 3.12 million
4. Amazon (United States) 2.47 TRN
5. Alphabet (United States) $ 2.35 TRN
6. Meta (US) $ 1.95 TRN
7. Saudi Oil (Saudi Arabia) 1.56 TRN
8. Broadcom (United States) 1.42 TRN
9. Berkshire Hathaway (United States) 1.03 tRNN
10. Tesla (United States) 1.02NT $
11. Taiwan Semiconductor Manufacturing (Taiwan) 1 Trn
29. Samsung Electronics (South Korea) 338.06 billion dollars
36. Alibaba (China) 284.62 billion dollars
52. Astrazeneca (United Kingdom) 235.97 billion dollars

While sweeping us away price If investors were concerned about stricter trade expenses, Microsoft’s solid revenues have shown that business books were not yet successful.

The bet of several billion dollars of Microsoft on Openai turns out to be a game changer, fueling its desk and azure offers with a cutting edge AI and fueling the stock for more than double its value since Chatgpt Beginning of the end of 2022.

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On Wednesday, the company announced that Azure sales exceeded $ 75 billion (56 billion pounds sterling) on an annual basis, while Azure income jumped 39% during the April-June quarter.

Overall revenues increased by 18% to 76.4 billion dollars (57.81 billion pounds sterling) over the same period.

It also provides a record of $ 30 billion (22.7 billion pounds sterling) in capital expenditure in the first quarter to meet the demand for AI.

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