{"id":282585,"date":"2021-06-23T19:48:43","date_gmt":"2021-06-23T16:48:43","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/microsoft-second-us-company-to-reach-2-trillion-valuation\/"},"modified":"2021-06-23T19:48:43","modified_gmt":"2021-06-23T16:48:43","slug":"microsoft-second-us-company-to-reach-2-trillion-valuation","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/microsoft-second-us-company-to-reach-2-trillion-valuation\/","title":{"rendered":"#Microsoft second US company to reach $2 trillion valuation"},"content":{"rendered":"

“#Microsoft second US company to reach $2 trillion valuation<\/strong>”<\/p>\n

\n

Microsoft is joining one of the most exclusive clubs in the world.<\/p>\n

The tech giant has become the second US company ever to reach the lofty valuation of $2 trillion. <\/p>\n

App<\/a>le was the first American company to reach that point and now boasts a market cap of about $2.2 trillion. <\/p>\n

Oil company Saudi Aramco, which went public in 2019, surpassed a $2 trillion market cap on its second day of trading, but has since fallen slightly under the mark.<\/p>\n

Shares of Microsoft reached a fresh all-time high of $266.83 per share on Wednesday, before paring back some of those gains. <\/p>\n

The company passed a valuation of $1 trillion just over two years ago. <\/p>\n

Microsoft has gotten a boost over the past 16 months from the COVID-19 pandemic.<\/p>\n

As people spent more time at home and on devices, demand for Microsoft\u2019s cloud-computing services, gaming system and computers surged. <\/p>\n

\"Microsoft
Shares of Microsoft reached a fresh all-time high of $266.83 per share on Wednesday.<\/figcaption>
Google Finance<\/span><\/figcaption><\/figure>\n

Since March 2020, the beginning of the pandemic, Microsoft\u2019s stock has soared more than 64 percent.<\/p>\n

The company said in April that it posted revenue of $41.71 billion in its fiscal third-quarter, up 19 percent from a year prior. That\u2019s the biggest quarterly sales increase the company has seen since 2018.<\/p>\n

\u201cOver a year into the pandemic, digital adoption curves aren\u2019t slowing down,\u201d CEO Satya Nadella said in a statement at the time. \u201cWe are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform.\u201d<\/p>\n

\"A
Since the beginning of the pandemic, Microsoft\u2019s stock has soared more than 64 percent.<\/figcaption>
SOPA Images\/LightRocket via Getty Images<\/span><\/figcaption><\/figure>\n

Apple became the first US company to surpass a $2 trillion valuation in August, 2019. <\/p>\n

Other big tech companies are close on Microsoft\u2019s heels. Amazon\u2019s market cap hit $1.74 trillion on Wednesday, and Google parent Alphabet\u2019s stood at $1.67 trillion.\n <\/p><\/div>\n

If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n

\n

For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Microsoft second US company to reach $2 trillion valuation” Microsoft is joining one of the most exclusive clubs in the world. The tech giant has become the second US company ever to reach the lofty valuation of $2 trillion. Apple was the first American company to reach that point and now boasts a market cap…<\/p>\n","protected":false},"author":1,"featured_media":282586,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/06\/microsoft-40.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[110108,70286,70359,70759],"class_list":["post-282585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-6-23-21","tag-microsoft","tag-stocks","tag-tech"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/282585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=282585"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/282585\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/282586"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=282585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=282585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=282585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}