Apart from Apple, Microsoft also managed to regain its status as a company with a market value of $4 trillion this morning. A 1.98% increase in shares puts Microsoft's market value at $4.029 trillion (~RM 16.88 trillion) at the time of writing. Microsoft is the second company after NVIDIA to reach $4 trillion in July this year.
However, it only lasted for a while. This time the share value is still showing an upward trend. Shares of world technology companies rose this morning as predictions of artificial intelligence (AI) technology continuing to grow with various investments announced. Meanwhile, the US Federal Reserve confirmed that interest rate cuts will be made.
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BUSINESS & MONEY
