Microsoft this morning became the second company in history to reach a market value of $4 trillion. Microsoft's market value jumped to $4.1 trillion after the company announced an increase in revenue and profit that exceeded expectations in the last quarter.
This still makes it the second company after NVIDIA became the first company to reach the high value on July 9. For the first time, Microsoft revealed that the revenue of their Azure and cloud services business exceeded the target of $75 billion, which is equivalent to a 34% increase compared to the same quarter last year.
In third place is still Apple with a market value of $3.1 trillion. Apple's shares, however, have been affected recently due to high tariffs imposed by the United States on China and India, where Apple imports products that are marketed in those countries.