Microsoft briefly crosses $3 trillion in market cap

Technology

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Microsoft CEO Satya Nadella speaks at the CES conference in Las Vegas on Jan. 9, 2024.
David Paul Morris | Bloomberg | Getty Images

Microsoft’s market cap surpassed $3 trillion in intraday trading Wednesday after the stock climbed more than 1% to $404 per share.

The milestone comes two weeks after Microsoft eclipsed Apple as the world’s most valuable public company on Jan. 12. Apple has reclaimed the No. 1 spot, and its market cap reached $3.03 trillion on Wednesday.

This is breaking news. Please check back for updates.

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