Microsoft Regains Most Valuable Company Title as AI Momentum Propels Growth
• Microsoft reclaimed top spot as world's most valuable company with $2.89T market cap after AI event showing momentum for GitHub Copilot and Azure AI • GitHub Copilot user base rapidly growing to over 1M paid developers; GitHub.com traffic accelerating • M365 Copilot commentary "surprisingly light," indicating early enterprise adoption phase • Despite big share price gains, Microsoft may need more AI proof points to grow into premium valuation • Piper Sandler analyst reiterates Buy rating and $455 price target, seeing Microsoft as favorite AI stock with first-mover advantage