The surge comes following announced investments in AI after the company laid off thousands of workers earlier this month.
Microsoft is now the second company ever to surpass $4 trillion in market valuation, following artificial intelligence giant Nvidia.
Microsoft, which is traded under the ticker “MSFT”, is continuing to surge and as of noon in New York City (16:00 GMT) on Thursday, it is up 4.6 percent from the market open.
The technology behemoth said it will spend $30bn in capital…
Continue Reading
News Source: www.aljazeera.com
Leave a Reply