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Microsoft Surpasses Apple as World's Most Valuable Company

Surge in Microsoft's value attributed to successful AI investments, while Apple faces challenges from slowing sales and potential legal issues.

  • Microsoft has overtaken Apple to become the world's most valuable company, with a market capitalization of $2.89 trillion.
  • Microsoft's surge in value is attributed to its successful investment in artificial intelligence, including a $13 billion investment in OpenAI.
  • Apple's market value has been impacted by slowing iPhone sales, stock downgrades, and potential antitrust lawsuits.
  • Microsoft's AI capabilities were showcased at a recent event in San Francisco, impressing Wall Street analysts and contributing to its stock increase.
  • Analysts suggest Microsoft is a better long-term investment than Apple, with higher expected growth rates for sales and earnings per share.
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