IT giant Microsoft becomes the second company in the world to be valued at over 4,000 billion dollars. This is clear after the New York stock exchange opened on Thursday.
Thus, Microsoft takes second place after the American chip manufacturer Nvidia, which passed the 4,000 billion limit earlier in July.
Microsoft exceeded market expectations in its interim report for the latest quarter, which was released on Wednesday – and the stock rose sharply in the New York stock exchange's after-hours trading. The rise continued on Thursday.
After half an hour of trading, Wall Street's technology-heavy Nasdaq composite index had risen 1.3 percent and the broad S&P 500 index had gone up 0.9 percent.