Microsoft on Apple’s $US2 trillion doorstep

Published

3 years ago

June 23, 2021

Ticker

Microsoft has briefly joined apple on the trading market.

Microsoft shares are up about 0.7 per cent on Tuesday, giving the software giant a market value of about $1.99 trillion USD.

Microsoft shares were up today and the tech company briefly joined Apple in hitting a $2 trillion market cap during intraday trading.

However, the software giant’s stock closed lower, at $265.51, narrowly missing the threshold of $265.55 needed to cement the 2 trillion mark.

Apple Inc. is the only company to close with $2 trillion market cap, a milestone that first happened last August.

According to Dow Jones, The company’s market cap has risen by about $960 billion from a March 2020 low, a figure greater than Facebook’s market value.

As reported by The Wall Street Journal, Microsoft’s peak market cap during the dot com bubble was $614.7 billion on Dec. 27, 1999.

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Why the meme-stock frenzy is unlikely to repeat

Published

6 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

6 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

7 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending