Microsoft has achieved the second US company's market value and has reached a trillion dollars, backwards that their dominance in cloud computing and institutions will expand more in the post-Corona world.
According to Arab Net shares, Microsoft rose up to 1.2% in New York on Tuesday, enough to join Apple's software as one of two companies just trading this high value before closing the stock at $ 265.51.
Saudi Aramco has briefly exceeded in December 2019, but its market value is currently $ 1.9 trillion.
Since taking office in 2014, CEO Sata Nadella has reinforced the company to become the largest seller for cloud computing programs, with both the infrastructure and cloud units for Office applications.
Microsoft is also the only company among major US technology companies that have so far avoided the last wave of auditing by active US regulatory organizational bodies, giving them greater freedom in both acquisition and product expansion.
The rise of the arrow
Microsoft has gained 19% so far this year, superior to Apple and Amazon, where investors' interest in stocks increased on long-term growth expectations for both profits and revenues, and expansion in areas such as automated learning and cloud computing.
The company's results for the third quarter, issued in late April, exacerbated expectations and showed strong growth across its business sectors.
The Nasdaq 100 technology index overtooks the SP 500 index on Tuesday after the Federal Reserve President Jerome Powell repeated his opinion that inflation would be short-term. Both indicators expanded after Powell's remarks, where the Nasdaq 100 closed at 0.9% rise by 0.5%.
Market control
Microsoft was founded in 1975 by Bill Gates and Paul Allen, where the PC industry has established and has controlled the Office of the Computers and Office programs for years.
Although Microsoft avoided the disintegration of its actions, the punishment of the Government in 1998 in the case of anti-monopoly, the following decade has seen the loss of software maker largely and attacked with mobile phone programs, social networking and online search, lagging behind the latest competitors Google and Apple.
Through a series of strategic transitions, in the past seven years, Nadella has returned to the forefront of technology with a focus on the cloud, mobile computing and artificial intelligence.
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