Microsoft Market Cap Soars To $2.7 Trillion: Bullish AI Sentiment Tests Overbought Conditions
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Benzinga
Benzinga
Microsoft Corp. (NASDAQ:MSFT) soared to new heights on Thursday, with its shares hitting a record-breaking $369, eclipsing the company’s previous peak achieved in July. For three consecutive weeks, the Redmond, Washington-based company has been on an upward climb, with its stock closing in the green in 13 of the past 15 sessions. Microsoft’s shares have soared by 53% year to date, propelling its market capitalization beyond the $2.7 trillion mark. This growth places Microsoft just a stride behind Apple Inc (NASDAQ:AAPL), with a gap of approximately $120 billion in market cap. A key driver behi…