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

 

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 

Except for Saudi Aramco (Saudi Arabia) and TSMC (Taiwan), rest all are from USA.

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