{"id":2075,"date":"2021-10-30T08:27:56","date_gmt":"2021-10-30T08:27:56","guid":{"rendered":"https:\/\/somalimagazine.so\/?p=2075"},"modified":"2022-06-28T23:44:48","modified_gmt":"2022-06-28T23:44:48","slug":"microsoft-becomes-worlds-most-valuable-stock-as-apple-dips","status":"publish","type":"post","link":"https:\/\/somalimagazine.so\/so\/microsoft-becomes-worlds-most-valuable-stock-as-apple-dips\/","title":{"rendered":"Microsoft becomes world\u2019s most valuable stock as Apple dips"},"content":{"rendered":"\n<p>30 October 2021<\/p>\n\n\n\n<p><br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"827\" height=\"557\" src=\"https:\/\/somalimagazine.so\/wp-content\/uploads\/2021\/10\/9FE99080-9892-4BCE-A164-28B824FD7258.jpeg\" alt=\"\" class=\"wp-image-2076\" srcset=\"https:\/\/somalimagazine.so\/so\/wp-content\/uploads\/2021\/10\/9FE99080-9892-4BCE-A164-28B824FD7258.jpeg 827w, https:\/\/somalimagazine.so\/so\/wp-content\/uploads\/2021\/10\/9FE99080-9892-4BCE-A164-28B824FD7258-300x202.jpeg 300w, https:\/\/somalimagazine.so\/so\/wp-content\/uploads\/2021\/10\/9FE99080-9892-4BCE-A164-28B824FD7258-768x517.jpeg 768w, https:\/\/somalimagazine.so\/so\/wp-content\/uploads\/2021\/10\/9FE99080-9892-4BCE-A164-28B824FD7258-110x75.jpeg 110w\" sizes=\"auto, (max-width: 827px) 100vw, 827px\" \/><figcaption>Microsoft last dethroned Apple in the first half of 2020, when investors flocked into growth stocks amid the COVID-19 pandemic <\/figcaption><\/figure>\n\n\n\n<p>The slump in Apple Inc.\u2019s shares on Friday propelled Microsoft Corp. to the position of the world\u2019s largest listed company by market capitalization.<\/p>\n\n\n\n<p>Apple fell 1.8% after reporting fourth-quarter revenue that came in\u00a0below the average analyst estimate, which gave the iPhone maker a market value of $2.46 trillion. Microsoft rose 2.2% to hit a market value of $2.49 trillion, blowing past Apple after reporting estimate-topping results for an\u00a011th straight quarter\u00a0earlier this week.<\/p>\n\n\n\n<p><br>\u201cIf you\u2019re looking for safety in tech, Microsoft probably seems like a safer bet to me than Apple,\u201d Michael Matousek, head trader at U.S. Global Investors, said in a phone interview. \u201cIf there was a downturn in the economy, I would expect Microsoft to stand up better, because its products are diversified across more businesses.\u201d<\/p>\n\n\n\n<p>The last time Microsoft dethroned Apple was in the first half of 2020 as investors flocked into growth stocks amid the Covid-19 pandemic. Microsoft notched its best weekly gain since November.<\/p>\n\n\n\n<p>In June, Microsoft took its place in the&nbsp;history books&nbsp;as just the second U.S. public company to reach a $2 trillion market value, buoyed by bets its dominance in cloud computing and enterprise software will expand further in a post-coronavirus world. Its shares have outperformed Apple and Amazon.com Inc. this year on expectations of long-term growth for both earnings and revenue, and expansion in areas like machine learning and cloud computing. Microsoft is up more than 49%, while Apple is about 13% higher and Amazon is up more than 3%.<\/p>\n\n\n\n<p>Its shares aren\u2019t cheap, trading at a 20% premium to the technology-heavy Nasdaq 100 Index. But lofty valuations haven\u2019t stopped investors from adding to their positions in tech stocks this year. The Nasdaq 100 Index is on pace with the S&amp;P 500 Index with a more than 22% rally each and the Nasdaq Composite is up about 20%.<\/p>\n\n\n\n<p>\u201cSize begets size and strength begets strength. This is the sort of thing that is nice to see; Microsoft was a rock star in the 90\u2019s \u2014 one of the four horsemen \u2014 and it has clearly gotten its mojo back,\u201d Matousek said.<\/p>\n\n\n\n<p>Bloomberg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>30 October 2021 The slump in Apple Inc.\u2019s shares on Friday propelled Microsoft Corp. to the position of the world\u2019s largest listed company by market capitalization. Apple fell 1.8% after reporting fourth-quarter revenue that came in\u00a0below the average analyst estimate, which gave the iPhone maker a market value of $2.46 trillion. Microsoft rose 2.2% to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_vp_format_video_url":"","_vp_image_focal_point":[],"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-2075","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-ganacsiga"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/posts\/2075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/comments?post=2075"}],"version-history":[{"count":1,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/posts\/2075\/revisions"}],"predecessor-version":[{"id":14693,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/posts\/2075\/revisions\/14693"}],"wp:attachment":[{"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/media?parent=2075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/categories?post=2075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/tags?post=2075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}