Microsoft leapfrogs Google’s Alphabet, while becoming the 3rd best tech company to-date
Just yesterday we noted that Microsoft’s brand value jumped 21% over last year, and now worth $105B. But looks as though the company has gone and done it, again.
As of May 30th, 2018, Microsoft edge itself passed Google’s parent company Alphabet in market cap size to become the third most likely US company to reach a trillion dollar evaluation from the stock market.
At the end of trading Tuesday, May 29, 2018, Microsoft banked a $753 billion dollar evaluation which pushed it past Google’s $739 billion dollar market cap mark up.
$753 billion dollars is a lot of money and there are only two other US-based companies that tout even higher numbers and that exclusive list includes Amazon and Apple who sit at the second and first spots respectively.
While Microsoft and Google have regularly swapped the second, third and fourth spots on this market cap list over the years, this years could be a forecasting of investors mindsets for the future as the news of the boost in market cap evaluation comes just weeks after both Google and Microsoft introduced the companies collective visions of the future. Would seem, investors see more potential in Microsoft’s cloud infrastructure then in Google’s slightly diminishing ad dollar return quarter over quarter.
We’ll just have to wait and see if Microsoft can maintain this lead while Google attempts to also shift part of its focus towards the cloud and enterprise customers as well.Further reading: Amazon, Google, Microsoft, Satya Nadella