Tag: Microsoft stock market

Microsoft Eyes Apple’s Spot as World’s Largest Stock
Technology

Microsoft Eyes Apple’s Spot as World’s Largest Stock

[ad_1] Microsoft Corp. is narrowing the gap with Apple Inc. in the stock market as investors see better growth and far less China risk in the software giant.The Redmond, Washington-based company's shares have outperformed the iPhone maker's this month, bringing its market value closer to Apple, which is at the center of a flareup in tensions with China. While hundreds of billions of dollars still separate the two companies, Microsoft's positions in markets including cloud computing and artificial intelligence make it more attractive to some investors. “Microsoft has more of what the market wants right now, and given where we stand on the pair's growth prospects, we wouldn't be surprised to see it overtake Apple,” said David Klink, senior equity analyst at Huntington Private Bank. “We ha...