Microsoft
just became more valuable than Google parent Alphabet by $10 billion
In
the race between the biggest tech companies, Microsoft just became
more valuable than Alphabet by $10 billion.
As
of Tuesday's market close, Microsoft was worth $749 billion, while
Alphabet was worth $739 billion, reports CNBC.
Alphabet,
the parent company of Google and several offshoots like Waymo and
Google Fiber, has been leading Microsoft since it was first formed in
2015.
But over the past few months, Microsoft slowly gained ground
due to its valuable cloud computing business, according to the
report.
This
makes Microsoft the third most valuable publicly traded company, with
Apple in first at $918 billion and Amazon second at $788 billion.
Microsoft
and Alphabet didn't immediately respond to requests for comment.
No comments:
Post a Comment