Microsoft Joins the $1 Trillion Club
Quote from Ndubuisi Ekekwe on April 29, 2019, 7:15 PMMicrosoft joins the $1 trillion club. Yes, the software giant crossed the $1 trillion mark before losing some of the values. Apple, Amazon and PetroChina are other companies that have made that club.
Microsoft, for a moment on Thursday, was the third U.S. company to see its valuation cross the $1 trillion mark.
Shares have since lost some of those gains, putting the company just under the line once again. It’s uncertain if it will close above the milestone
The stock spiked after the company beat its earnings estimates late Wednesday, briefly topping $130.50, which pushed the market cap over the psychological threshold. Overall, Microsoft’s stock is up 34% in the past year.
Apple was the first company to top a $1 trillion valuation last August. Amazon cleared the mark in mid-day trading the following month, but failed to close at that level.
Microsoft joins the $1 trillion club. Yes, the software giant crossed the $1 trillion mark before losing some of the values. Apple, Amazon and PetroChina are other companies that have made that club.
Microsoft, for a moment on Thursday, was the third U.S. company to see its valuation cross the $1 trillion mark.
Shares have since lost some of those gains, putting the company just under the line once again. It’s uncertain if it will close above the milestone
The stock spiked after the company beat its earnings estimates late Wednesday, briefly topping $130.50, which pushed the market cap over the psychological threshold. Overall, Microsoft’s stock is up 34% in the past year.
Apple was the first company to top a $1 trillion valuation last August. Amazon cleared the mark in mid-day trading the following month, but failed to close at that level.
Quote from Beanin754 on May 15, 2019, 4:45 AMThe real problem with that is no other companies from all other world can do something to replicate this success even a bit and that's it really. Even in America it doesn't work, I mean there are no more big companies appear, only China one and that's it.
The real problem with that is no other companies from all other world can do something to replicate this success even a bit and that's it really. Even in America it doesn't work, I mean there are no more big companies appear, only China one and that's it.
Quote from Ndubuisi Ekekwe on May 15, 2019, 6:01 AMYou have a good point - this is all China domain now
You have a good point - this is all China domain now
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