Microsoft exceeds $800 Billion market cap for the first time

Ahead of their earnings announcement on the 19th July 2018 Microsoft has continued to enjoy a run-up in their share price, which yesterday for the first time took the company above the $800 Billion in market capitalization.

The company’s share price has already increased more than 21% this year, while the S&P 500 index itself has only gained 3.8%.

This makes the company the 4th most valuable company, behind Apple, Amazon and Google, and with Facebook taking up the 5th slot it means the world is currently truly ruled by tech companies.