Microsoft Overtakes Google In Market Valuation

Software giant Microsoft Corp. (MSFT) on Tuesday surpassed Google-parent Alphabet Inc. (GOOGL,GOOG) to become the third-most valuable company with a market valuation of $753 billion.

MSFT is currently trading at $98.84, up $0.88 or 0.85%, which gives it a market cap of $759.6 billion. Alphabet is currently trading at $1,067.80, up $7.48 or 0.71%, that gives it a valuation of $744.2 billion.

Shares of Microsoft, which had been on a downward trend for years, has been rising since Satya Nadella took over from Steve Ballmer in 2014 and started focusing on cloud services…

Read more : RTTNews, 30.05.2018