Shares of Apple and Microsoft rose during trading on Tuesday, contributing to pushing the market capitalization of the two American tech companies above this threshold, coinciding with the rise of major indices to record levels.
Microsoft’s share increased by 2.85% to reach $546.71 at 4:50 PM Mecca time, resulting in an increase in the company’s market capitalization to $4.061 trillion.
Apple’s share also rose by 0.10% to reach $269.13, bringing the company’s market capitalization to $3.99 trillion, after the stock hit a record level of $269.87, briefly pushing the market capitalization above $4 trillion.
In the list of the largest companies in the world, the two companies rank just behind Nvidia, whose stock rose today by 0.85% to reach $193.07, increasing its market capitalization to $4.706 trillion.
Before the markets opened, OpenAI announced the completion of its capital restructuring, granting Microsoft 27% of its profitable operations, equivalent to $135 billion.
