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As if Microsoft weren't already all up in Google's grill with its gussied-up new Chat-GPT-powered Bing, now it wants to make an app store too....
In the latest trading session, Apple (AAPL) closed at $157.40, marking a +1.55% move from the previous day.
Microsoft (NASDAQ: MSFT) is the world's second-largest company with a market capitalization of $2.1 trillion. It's trailing archrival Apple, which is currently valued at $2.5 trillion, but I'm going to explain why Microsoft has a growth advantage and could hit the $5 trillion mark first. The company was founded in 1975, but over the years, it has evolved from a consumer software company into a tech powerhouse at the forefront of gaming, cloud computing, and now, artificial intelligence (AI).