The tech giant Microsoft is powering millions of computers across the globe, today the company has announced that it is now a $3 trillion company which means the company has that amount of market value. This milestone is making Microsoft as the second company to do so after Apple. The stock price of Microsoft climbed to $404.87.
The new powerful confidence from investors is definitely due to the big moves of Microsoft in artificial intelligence and new technology. It is really a bright and great piece of information from the viewpoint of the company. On the flip side, the company is also having some disappointing news as well.
Microsoft is cutting jobs as well at regular intervals which is not a good sign for both economy and to the strength of Microsoft’s working team. Let’s hope that the new market value of the company will make the executives rethink and stop cutting jobs.
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