Tech company Microsoft reach a market valuation of $1 trillion, making it the third US company that hit the said value apart from Apple and Amazon.
In a report by nytimes.com, Microsoft took the leap and reached the mentioned value following its report about a 19 percent jump in earnings from last year.
According to Microsoft, its cloud computing transformation has played a big part on its market value’s growth.
Meanwhile, Apple and Amazon are also close to hitting the $1 trillion mark again after setting the record back in August with this year’s 30 percent and 27 percent growth respectively.
Alphabet was up with 21 percent, Netflix’s shares have gained more than 35 percent, and Facebook’s stock reached a nearly 50 percent growth in 2019.
(Photo source: independent.ie/ 9to5mac.com)
