Microsoft Corp Archives | MarketsXplora

Key Insights Microsoft's market cap exceeded $3 trillion intraday Wednesday as shares rose over 1% to a record $404. Comes after Microsoft briefly surpassed Apple as most valuable firm two weeks ago on AI investment optimism. Analysts see upcoming earnings beat amid leadership in areas like generative AI, raising price targets. NEW YORK - Microsoft Corp (MSFT.O) briefly crossed the $3 trillion stock market value mark on Wednesday, becoming the second company to hit that milestone after Apple Inc (AAPL.O). Microsoft shares rose over 1% to touch a record high of $404 in intraday trading, taking its market capitalization to $3.00 trillion before paring some gains. The tech giant had surpassed Apple as the world's most valuable firm two weeks ago when it closed at a market cap of $2.5 trillion, compared with Apple's $2.4 trillion valuation then. Apple has since reclaimed the top spot. Microsoft's gains reflect optimism around its investments in fast-growing sectors like artificial intelligence, with expectations mounting ahead of its earnings next week. Citi and Morgan Stanley analysts see Microsoft delivering a earnings "beat" and raised their price targets, citing its strong position in areas like generative AI. Microsoft is up over 7% year-to-date, outperforming the Nasdaq index as investors continue to favor Big Tech companies with strong cash flows. The huge rally has added about $800 billion to Microsoft's market cap this year alone, underscoring its Wall Street momentum. Whether it can sustain the trillion-dollar milestones remains to be seen. The tech giant is due to report quarterly earnings on Jan. 30.

Microsoft Touches $3 Trillion Value on Bullish AI Bets

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