Microsoft Corporation becomes the 2nd company in the world to hit $3 trillion Market Cap

Bhavin U. Pujara January 25, 2024

The Redmond, Washington headquartered Microsoft Corporation becomes the 2nd company ever in the world to hit $3 trillion in Market Capitalization.

($3 trillion = INR 249,45,000 Cr or 249.45 lakh Cr. @ 1USD = 83.15) approx.

With share price making a Intraday high of 405.63 yesterday, market cap of Microsoft briefly crossed $3 trillion, currently valued at $2.99 trillion with yesterday's close of $402.56.

The 1st company in the world to hit $3 trillion Market Cap is Apple, currently valued at $3.01 trillion with share price of $194.50 as per yesterday's close.

The shares of Microsoft have been rallying due to its massive investments into Generative AI and is already up by almost 7% in CY 2024.

The top 10 companies in the world by Market Capitalization as per yesterday's closing share price are as follows

1) Apple - $3.007 Trillion

2) Microsoft - $2.991 Trillion

3) Saudi Aramco - $2.046 Trillion

4) Alphabet (Google) - $1.870 Trillion

5) Amazon - $1.621 Trillion

6) NVIDIA - $1.515 Trillion

7) Meta Platforms (Facebook) - $1.004 Trillion

8) Berkshire Hathaway - $819.12 Billion

9) Tesla - $660.67 Billion

10) TSMC - $604.32 Billion