Microsoft regains status as the world's most valuable company
Against the backdrop of Donald Trump's new tariff policy, Apple's shares lost 23%, making Microsoft the most expensive public company in the world.
Against the backdrop of Donald Trump's new tariff policy, Apple's shares lost 23%, making Microsoft the most expensive public company in the world.
Against the backdrop of Donald Trump's new tariff policy, Apple's shares lost 23%, making Microsoft the most expensive public company in the world.
According to CNBC, as of Tuesday's close, Microsoft is worth $2.64 trillion, while Apple's market capitalization is $2.59 trillion.
Apple is taking the biggest hit among tech mega-companies due to the iPhone maker's reliance on China. Before the tariffs, the company was valued at more than $3 trillion.
The Nasdaq has fallen 13% in the past four trading days as President Trump's decision to impose tariffs on imports from more than 100 countries has raised fears of a recession driven by rising prices. UBS analysts on Monday predicted that the price of the iPhone 16 Pro Max could jump by $350 in the United States.
Microsoft issued disappointing revenue guidance in January. But last week, Jefferies analysts cut their price targets for many tech stocks, saying Microsoft was among the companies most insulated from tariff uncertainty.
Microsoft last topped the list of the world's most valuable companies in early 2024, but then Apple regained the top spot.
Meanwhile, real hysteria began in the US, Apple users began to buy equipment en masse, fearing price increases due to tariffs.