Although Apple is still the world's largest company with a market capitalization of $2.820 trillion, Microsoft is steadily close to achieving an exceptional achievement with its market value again approaching that value for Apple and sustainably.
Growing expectations have eased weak demand for modern iPhones, both Barclays and Piper Sandler & Co to downgrade the stock, which has fallen since the beginning of 2024 by about 6 percent, erasing about $ 180 billion from the company's market value.
Microsoft is mainly focused on growing its business in various sectors, including cloud computing and artificial intelligence, which has been attracting great interest from investors recently.
Source (Al-Arabiya.net Website, Edited)
