The three largest U.S. stocks battled for the title of "world's highest market capitalization" on Monday, with Microsoft winning again
On Monday, Microsoft's stock price rose 1.3%, with a closing market value of $3.33 trillion, setting a new historical market value record, followed closely by Apple and Nvidia.
On Monday, Microsoft's stock price rose 1.3%, with a closing market value of $3.33 trillion, setting a new historical market value record, followed closely by Apple and Nvidia.
These three companies are still competing for the title of the world's most valuable company.
Apple's stock price rose by 2% on Monday. During trading, Apple's total market value briefly surpassed Microsoft's, but ultimately fell below Microsoft's at the close, with Apple's market value reaching $3.32 trillion. NVIDIA fell 0.7% on Monday, with a market value of $3.22 trillion, still ranking third.
Since Apple launched its highly anticipated artificial intelligence strategy on June 7th, its stock price has risen by about 12%. The strategy integrates "Apple Intelligence" technology into its applications and introduces OpenAI's chatbot ChatGPT into its devices.
From this year's increase, Nvidia is the winner, with a cumulative increase of 165% so far this year. Microsoft followed suit, rising 19%, while Apple rose 12%.
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