Search
EN Down
Language
Hi, user_no_name
Live Chat

Microsoft market cap

 

Microsoft market cap briefly displaces Apple as world’s most valuable company 

In a brief but significant development on Thursday, tech giant Microsoft claimed the title of the world's most valuable listed company, surpassing iPhone maker Apple and signaling the evolving dynamics in the technology sector, largely driven by the buzz over artificial intelligence (AI). 

During intraday trading, Microsoft's fully diluted market cap reached $2.875 trillion, surpassing Apple's valuation of $2.873 trillion. However, by the close of stock markets on Thursday, Apple had reclaimed the top spot with a market value of $2.89 trillion — slightly ahead of Microsoft's $2.86 trillion. 

Apple has consistently held the No. 1 spot for over 500 trading days, with the last time Microsoft surpassed Apple in market valuation occurring in November 2021, according to Dow Jones Market Data. Either Apple or Microsoft has held the largest market cap position since February 2019. 

On Thursday, Apple shares fell 0.3% to $185.59, while Microsoft rose 0.5% to $384.63. The performance of the two stocks, influenced by similar factors, has diverged greatly over the past three months, with Microsoft gaining 16% and Apple rising by only 2%. 

Choose your points of movement

Сalculate your hypothetical P/L (aggregated cost and charges) if you had opened a trade today.

Market

Shares Search
Shares
Index
Commodity
Bonds
Crypto
ETFs
Currency

Instrument

Search
Clear input
Occidental
Prosus N.V.
Porsche AG
Hermes
CAT
Thermo Fisher
Nikola Corporation
Tilray
Shell plc (LSE)
Skillz Inc
Iberdrola
DeltaAir
CrowdStrike Holdings
Golar LNG
Applied Materials
Snowflake
Royal Bank Canada
Amazon.com
Spotify
Exxon Mobil
CCB (Asia)
McDonald's
Campari
GameStop
Netflix
ON Semiconductor
Costco
Dave & Buster's
Delivery Hero SE
LUCID
Continental
SunPower
Zoom Video Communications
Schlumberger
Virgin Galactic
Upwork Inc.
Cameco
JP Morgan
Fuelcell
Rivian Automotive
XPeng Inc
Wal-Mart Stores
Trade Desk
Blackstone
Vodafone
Aptiv PLC
L'Oreal
Target
Rio Tinto
Sartorius AG
British American Tobacco
Qorvo
ASOS
Cisco Systems
Nel ASA
Arista
Airbus
Apple
Pfizer
AMC Entertainment Holdings
ASML
Hubspot
Teladoc
Starbucks
SMCI
Canopy Growth
Wish.com Inc
Lockheed Martin
ProSiebenSat.1
IAG
AbbVie
Marston's
Baidu
Teleperformance
Norwegian Air Shuttle
Airbus Group SE
HSBC HK
Block
Annaly Capital
Abbott
LVMH
American Express
Novavax
GoPro
Siemens
Total
SIG
Pinterest Inc
Taiwan Semi
Etsy
Amgen
SONY
3D Systems
UPS
Yandex
BlackBerry
Gen Digital Inc
Xiaomi
Quanta Services
Unity Software
NVIDIA
Anglo American
Palantir Technologies Inc
Fresnillo
Deere
Rolls-Royce
Porsche
Uber
Vir Biotechnology
American Airlines
ROBLOX Corp
Macy's
FirstRand
easyJet
DISNEY
Aurora Cannabis Inc
BP
Adidas
Boeing Co
Vonovia
Coca-Cola Co (NYSE)
Home Depot
General Electric
Coinbase Inc
ALIBABA HK
Philip Morris
General Motors
PayPal
UniCredit
II-VI
BASF
Kraft Heinz
Alphabet (Google)
Palo Alto Networks
Evraz
Plug Power
Li Auto
Oracle
Roku Inc
UiPath Inc
Upstart Holdings Inc
F5 Networks
Infinera
Inditex
ZIM Integrated Shipping Services Ltd
Deutsche Bank
Hammerson
IBM
JD.com
Barrick Gold
TUI AG (LSE)
Lemonade
MerckCo USA
Infosys
Invesco Mortgage
Comcast
Santander
Accenture
Anheuser-Busch Inbev
Visa
Mastercard
Ozon
T-Mobile
SAP
Wayfair
Beyond Meat
Kuaishou
CarMax
Tesla
Lyft
Medtronic
Adobe
Morgan Stanley
Workday Inc
Blackrock
Vipshop
Meta (Formerly Facebook)
Linde PLC
Micron
Lululemon
Ceconomy
Chipotle
Gilead
Avacta
Naspers
Bristol Myers
Samsung
The Cheesecake Factory
Glencore plc
British American Tobacco
ChargePoint Holdings Inc
Twilio
Intel
Lloyds
CNOOC
Electrolux
Wells Fargo
Sea
PG&E
Fedex
Citigroup
Peloton Interactive Inc.
eBay
Microsoft
JnJ
Bilibili Inc
Trump Media & Technology Group
AIA
Nasdaq
Air France-KLM
Allianz
Lithium Americas Corp
Procter & Gamble
Qualcomm
AMD
New Oriental
MercadoLibre.com
Mondelez
Lumentum Holdings
Two Harbors Investment aration
AstraZeneca
Norwegian Cruise Line
Unilever
GoHealth
PepsiCo
Barclays
PETROCHINA
Goldman Sachs
Eli Lilly
HSBC
Cellnex
Berkshire Hathaway
Jumia Technologies
HDFC Bank
RTX Corp
Bayer
Bank of America
Chevron
ADT
DoorDash
Marriott
Nike
AT&T
GSX Techedu
Robinhood
Telecom Italia
Deliveroo Holdings
TUI
Freeport McMoRan
Toyota
BioNTech
Airbnb Inc
Alibaba
Verizon
Nio
Eni
Ford
Hanesbrands
Volkswagen
UnitedHealth
Shopify
China Life
Snap
Christian Dior
Conoco Phillips
Lufthansa
Tencent
Moderna Inc
Salesforce.com
Broadcom
Diageo
Toro
Cinemark

Account Type

Direction

Quantity

Amount must be equal or higher than

Amount should be less than

Amount should be a multiple of the minimum lots increment

USD Down
$-

Value

$-

Commission

$-

Spread

-

Leverage

-

Conversion Fee

$-

Required Margin

$-

Overnight Swaps

$-
Start Trading

Past performance is not a reliable indicator of future results.

All positions on instruments denominated in a currency that is different from your account currency, will be subject to a conversion fee at the position exit as well.

Microsoft AI investments: Relationship with OpenAI seen as catalyst for MSFT stock 

Microsoft's recent outperformance has been linked to excitement surrounding its perceived leadership in AI technology, particularly its close association with OpenAI, the developer of chatbot ChatGPT. Microsoft’s quarterly results in October suggested the growth of its cloud-computing business was accelerated by AI — likely linked to its relationship with OpenAI. Apple, however, has not shown the same progress, and analysts are concerned about its lack of a clear AI strategy. 

The upcoming U.S. release of Apple's Vision Pro mixed-reality headset on February 2 is seen as a potential catalyst for the stock, as it aims to establish a new major product category for the company. However, a high price point of $3,499 and uncertainty about public demand for mixed-reality technology have tempered short-term sales expectations. 

Apple share price forecast: Analysts see Microsoft overtaking Apple’s market cap 

Despite positive prospects for both companies, Wall Street seems to favor Microsoft solidifying its advantage over Apple. Analysts cited by Barron’s reporter Adam Clark projected an average target price of $420.91 for Microsoft, reflecting potential growth of 10% from Wednesday's closing level. In comparison, the Apple share price has a target of $197.58, implying a potential 6.1% upside. 

Two analysts, Harsh Kumar at Piper Sandler and Tim Long at UK investment bank Barclays, recently downgraded their Apple share price forecasts, citing concerns about the company’s valuation and pressures in the global smartphone market. Kumar revised AAPL stock down to Neutral from Overweight, while Long shifted to an Underweight rating from a prior rating of Neutral.  

Most analysts, however, remain optimistic about the Apple share price despite the ratings revisions and the shaky start to 2024.  

According to 33 analysts surveyed by TipRanks that offered 12-month Apple stock price targets, the consensus forecast for AAPL last stood at $203.35 — a potential 9.57% upside from its current price as of January 12, 2024.   

The highest listed Apple share price forecast on Tipranks was $250.00, while the lowest was listed at $150.00. Of the 33 analysts surveyed, 23 offered a Buy rating on APPL stock, while 9 had it as a Hold, and one gave it a Sell rating.   

At the time of writing on Friday, Apple shares were mostly flat in premarket trading at $184.03, after closing at $185.51 (down 0.32%) the previous day. Microsoft shares were up 0.07% at $384.91. MSFT stock has gained over 61% over the past year — in contrast, Apple’s shares have risen by a little over 39%.  

Both companies have outpaced the benchmark S&P 500 index, which gained 20% since January 2023 and last closed at 4,783.45. 

When considering shares for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.  

Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. 

Latest news

UBS Global Research issues Street-high S&P 500 forecast

Tuesday, 28 May 2024

Indices

UBS leapfrogs UBS with new year-end S&P 500 forecast

Gold price gains ahead of US PCE inflation release

Monday, 27 May 2024

Indices

Gold price gains as focus turns to US inflation data

US dollar slated to remain firm over Memorial Day weekend

Friday, 24 May 2024

Indices

US dollar holds firm as traders trim Fed rate cut bets

OPEC meeting in focus for traders this week

Thursday, 23 May 2024

Indices

Week ahead: Oil traders eye next OPEC meeting, big inflation week

Live Chat