Microsoft becomes the second company worth 4 trillion dollars
New York, July 31 / WAM / Microsoft became the second company in history with a market capital exceeding $ 4 trillion, while Navidia, the electronic chips manufacturer, continued its market leadership with an estimated value of $ 4.4 trillion.
These strong results of Microsoft were driven by an increase in the rise of its shares after achieving strong quarterly results, which witnessed an acceleration in growth during the last financial quarter, which ended last June.
Microsoft shares rose to up to 5 % during the start of trading in the United States, driven by a significant growth in artificial intelligence and cloud computing services.
The revenues in the last quarter increased by 18 %, more than 76 billion dollars, while the profit increased by 25 % to 27 billion dollars.
– Khal –
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and
