{"id":1987569,"date":"2023-08-01T08:11:01","date_gmt":"2023-08-01T12:11:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/apple-microsoft-remain-worlds-top-2-companies-by-market-cap\/"},"modified":"2023-08-01T08:12:36","modified_gmt":"2023-08-01T12:12:36","slug":"apple-microsoft-remain-worlds-top-2-companies-by-market-cap","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/apple-microsoft-remain-worlds-top-2-companies-by-market-cap\/","title":{"rendered":"Apple and Microsoft still hold the top 2 spots in market cap."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fapple-microsoft-remain-worlds-top-2-companies-by-market-cap%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1987569&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><strong>Tech Giants \u2064Apple and Microsoft\u200b Dominate Global Market<\/strong><\/p>\n<blockquote>\n<p>Apple and\u2062 Microsoft, the two tech giants, have maintained \u200dtheir positions as the top two global \u200dcompanies \u200dby \u200dmarket \u200dcapitalization. This comes after a remarkable\u200d rally in technology \u200bshares \u200dthis year.<\/p>\n<\/blockquote>\n<p>Apple achieved a significant milestone last month by becoming the first company in the world to reach a market value \u200cof $3 trillion. This achievement was fueled by optimism surrounding its expansion into new markets and expectations of more \u200cmoderate U.S. interest rate hikes.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The overall market sentiment received a\u200c boost last month due to strong quarterly earnings from companies like Alphabet, Meta Platforms, Intel, \u2063and Lam Research. These positive results\u2064 lifted the market sentiment.<\/p>\n<p>Meta, the parent \u2063company of\u200c Facebook, experienced a surge of over 10% in \u2064its market capitalization in July. This \u200cwas attributed to the company&#8217;s\u200c optimistic revenue forecast and robust growth in ad revenue\u2064 during the \u2062second quarter.<\/p>\n<p>Microsoft also exceeded Wall Street estimates for its \u200bfiscal fourth-quarter \u2063revenue. \u2062The growth in\u2064 its\u2064 cloud computing and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/apple-microsoft-remain-worlds-top-2-companies-by-market-cap\/\" title=\"Apple and Microsoft still hold the top 2 spots in market cap.\">office\u2063 software businesses contributed<\/a>\u200d to this success. However, the company&#8217;s share\u2064 price experienced a 1.4% decline in July due to an aggressive spending plan to \u200cmeet \u2062the demand for artificial intelligence services.<\/p>\n<p>As\u200c of the end of July, Microsoft&#8217;s market\u200d capitalization stood\u200b at $2.49 trillion.<\/p>\n<p>Apple is scheduled\u2062 to announce\u2062 its\u200c earnings for the \u2062April-June quarter\u2063 on Thursday.<\/p>\n<p>&#8220;We strongly believe that a new tech bull market has begun this year, and we see the AI\u200d Gold Rush as a &#8216;1995 Moment,&#8217; similar to the start of the Internet, rather than\u2063 a &#8216;1999\/2000 Bubble Moment,'&#8221; stated\u200d Wedbush \u200canalyst \u200dDan Ives \u2064in a recent note.<\/p>\n<p>In the\u2064 financial sector, JP Morgan Chase experienced \u2064an 8.6% growth in market \u2062capitalization\u2064 last month. The largest \u200cU.S. lender benefited from increased interest payments from borrowers and\u200d the acquisition of First \u2062Republic Bank.<\/p>\n<p>According to Refinitiv \u2064data, 69%\u200b of large- and mid-cap U.S. companies \u2064have surpassed analysts&#8217; \u200cQ2 earnings estimates so far. The\u2063 tech sector accounts for 82% of these positive surprises.<\/p>\n<\/p>\n<p>  \u2063 (Reporting By Patturaja  Murugaboopathy \u200dand Gaurav Dogra in \u200dBengaluru; Editing by \u2063Susan Fenton)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/apple-microsoft-remain-worlds\/attachment\/file-photo-a-woman-uses-her-iphone-mobile-device-as\/\"><\/a><\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/apple-microsoft-remain-worlds\/attachment\/file-photo-a-microsoft-logo-is-seen-in-los-angeles-3\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Robert \u2063Chambers is paroled after \u200bserving 15 of his 19 year prison sentence. Chambers was arrested for dealing drugs out\u200c of his\u200d Manhattan apartment.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Devon Archer testifies on Hunter and Joe Biden&#8217;s possible cozy business\u2063 dealings.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>A <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/beverly-hills-late-term-abortion-clinic-rescinds-lease\/\" title=\"Beverly Hills abortion clinic cancels lease.\">late-term abortion clinic<\/a> \u2062was going to open its doors in Beverly Hills, \u2064California. However,\u200c after lots of pushback from pro-life advocates<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Major\u2064 Scott A. Heusing rides his Harley \u2063Davidson across the\u2063 country\u2063 in \u200ca yearly effort to raise\u200c awareness for Veteran \u2062Suicide.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By \u200cDiane \u200dBartz WASHINGTON (Reuters)\u2062 \u2013 U.S. senators Elizabeth Warren, a Democrat, and Lindsey Graham, \u2064a \u2063Republican, said \u200don Thursday they would\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Tom Bateman and Rocky Swift TOKYO\u200b (Reuters) \u2013\u2062 As Japan \u200benjoys a post-pandemic resurgence \u200cin tourism from around the globe, \u200cSeibu\u2026 \u2062 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013 Dell \u200cTechnologies on Monday launched \u2063new generative artificial intelligence (GenAI)\u200b solutions in collaboration with\u200d Nvidia \u2062whose\u2063 chips enable the technology\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013 Dell \u2063Technologies on Monday\u2062 launched new generative artificial intelligence (GenAI) solutions in \u200ccollaboration with Nvidia whose\u200b chips enable\u200c the technology\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tech giants Apple and Microsoft maintained their positions as the world&#8217;s top two companies by market capitalization in July. Apple, boosted by its growth prospects in new ventures, became the first company to achieve a market value of $3 trillion. Both companies benefited from the technology sector&#8217;s rally this year.<\/p>\n","protected":false},"author":66,"featured_media":1987570,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1987569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1987569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1987569"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1987569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1987570"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1987569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1987569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1987569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}