The Microsoft reached a new level in financial terms and, last Tuesday (22) for the first time reached a market value that exceeds $ 2 trillion.
The brand was achieved after a new appreciation of 1.1% in the company’s shares. Remember that Microsoft joined the group of companies worth $1 trillion just two years ago, and in early 2020, it was the only one that still held that position steadily.
Part of the brand’s recent appreciation is a consequence of the covid-19 pandemic : Microsoft had an increase in demand for computers, systems and services such as servers and cloud storage.
The latest spike in stock valuations led Microsoft to the rank.Source: Yahoo!
Even with many countries slowly returning to normality, the idea is that the company maintains the accelerated pace in places that maintain remote work.
A title for few
Previously, only Apple had earned the rank among US companies with publicly sold shares. Another occupant of the select list is the oil giant Saudi Aramco, from Saudi Arabia.
Amazon and Google are two other US tech companies that are close to surpassing the value, with about $1.7 trillion of market value in both cases.