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Microsoft topples Apple to become global market cap leader, Reuters says

Microsoft (MSFT) has eclipsed Apple (AAPL) to become the world’s largest company by market capitalization, driven by its deep focus on generative artificial intelligence, a sector that has garnered increasing investor favor, Reuters reports. The tech giant, which along with Nvidia (NVDA) and Amazon (AMZN) placed a significant emphasis on AI, has experienced substantial market surges over the past year. Notably, Microsoft’s market value has risen by over $1T.

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