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After its stock fell during most of 2022, Microsoft finished the year below $2 trillion. By May 2023, Microsoft stock was again worth more than $2 trillion. [70] In January 2024, Microsoft briefly surpassed Apple as the most valuable U.S. company, [101] and crossed $3 trillion during trading hours.
Paul Gardner Allen (January 21, 1953 – October 15, 2018) was an American businessman, computer programmer, researcher, investor, film producer, explorer, and philanthropist. He is best known for co-founding Microsoft Corporation with his childhood friend Bill Gates in 1975, which helped spark the microcomputer revolution of the 1970s and 1980s.
Microsoft's potential acquisition of Activision Blizzard , however, suffered a setback Wednesday morning, as UK regulators blocked the deal over competition fears. Activision stock was down about 12%.
Most investors suffered nothing but pain in 2022, as the NASDAQ and S&P 500 indexes fell into bear markets and some individual stocks dropped by 50% or more. But if you have a long-term mindset,...
Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]
The Dow Jones Industrial Average, a price-weighted average (adjusted for splits and dividends) of 30 large companies on the New York Stock Exchange, peaked on January 14, 2000, with an intra-day high of 11,750.28 and a closing price of 11,722.98. In 2001, the DJIA was largely unchanged overall but had reached a secondary peak of 11,337.92 ...
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The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new ...