Microsoft Surpasses Apple as Most Valuable US Company as AI and Cloud Boost Share Price
- Microsoft's market cap hits $3.1 trillion, surpassing Apple's previous record of $3.09 trillion
- Microsoft stock has rallied in 2023, riding AI and cloud computing wave
- Apple shares have struggled recently, underperforming big tech rivals
- Microsoft could be first US company valued at over $3.1 trillion
- Microsoft's earnings impressed while Apple's latest report disappointed investors