Microsoft has become the third US company to pass a market cap of $1 trillion. The software giant passed the milestone after a jump in stock price today following strong fiscal Q3 earnings. Microsoft joins Apple and Amazon in hitting the $1 trillion valuation ahead of rival Google.
Microsoft’s stock price opened at $130 per share today, up around four percent from the $125 closing price yesterday. While the stock price will likely fluctuate a lot today, the company has hit the $1 trillion market during NASDAQ day trading hours this morning.
Microsoft’s stock has been pushed up thanks to its cloud growth. The software maker has been pushing its cloud products in recent years, and the company is aiming to catch up to…
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