Over the past five years, Microsoft's stock price has risen from $107 to around $404, a significant turnaround from the stagnation during former CEO Steve Ballmer's tenure. Current CEO Satya Nadella has led the company through acquisitions of Mojang, LinkedIn, GitHub, and Xamarin, and has invested heavily in AI, including a $10 billion investment in OpenAI. These moves have positioned AI at the forefront of Microsoft's software and services.
Key takeaways:
- Microsoft has reached a $3 trillion market cap for the first time in its 48-year history, becoming the second company after Apple to achieve this milestone.
- Microsoft's stock has been rallying in recent months, largely due to the company's continuous advancements and announcements in AI.
- Over the past five years, Microsoft’s stock price has significantly increased from $107 in January 2019 to around $404 currently.
- Under CEO Satya Nadella's leadership, Microsoft has made several strategic acquisitions and significant investments in AI, which have been instrumental in the company's growth and market valuation.