Microsoft joins Apple in $2T market value club

Pros and cons of investing in future of economy stocks

Key Advisors Group CEO Eddie Ghabour, Defiance ETF CIO Sylvia Jablonski and ‘Apocalypse Never’ Author Michael Shellenberger on Reddit stocks and the future of solar panels. 

Microsoft is in the money, literally, joining Apple in a club that has only two members. 

TickerSecurityLastChangeChange %
MSFTMICROSOFT CORP.265.51+2.88+1.10%
AAPLAPPLE, INC.133.98+1.68+1.27%

The two tech giants are the only companies valued north of $2 trillion which the software giant hit on Tuesday, but ended pennies shy of the $255.55 closing price needed for the final cinch or $1.9 billion.

MICROSOFT STOCK HITS RECORD AHEAD OF WINDOWS REVEAL

Nadella Pic: Brian Smale and Microsoft – Wiki Commons (Brian Smale and Microsoft – Wiki Commons)

Earlier this week, Microsoft's share price hit a record, ahead of its scheduled Windows update on Thursday, an event that has investors piling into the stock. 

CEO Satya Nadella will lead the live-streamed update against a stock that has advanced 19% this year helped by the pandemic.

"People are turning to Windows PCs more than ever to stay connected productive and secure. Windows 10 now has more than 1.3 billion monthly active devices and Microsoft 365 consumer surpassed 50 million subscribers for the first time" said Nadella during the most recent earnings call.  

Apple became the first company to cross the mark last August and its shares have gained just 1% this year with a market value of $2.2 trillion.

APPLE BECOMES FIRST $2 TRILLION COMPANY

Apple CEO Tim Cook waves after speaking at the Apple Worldwide Developers Conference in San Jose, Calif., Monday, June 3, 2019. (AP Photo/Jeff Chiu) (AP Photo/Jeff Chiu)

The future pipeline of $2 trillion contenders exists but remains limited, as tracked by Dow Jones Market Data Group through Tuesday's closing prices. 

Amazon $1.7B

TickerSecurityLastChangeChange %
AMZNAMAZON.COM, INC.3,505.44+51.48+1.49%

Google/Alphabet $1.66B

TickerSecurityLastChangeChange %
GOOGLALPHABET, INC.2,446.61+10.36+0.43%

Facebook $961M

TickerSecurityLastChangeChange %
FBFACEBOOK, INC.339.03+6.74+2.03%

Berkshire Hathaway $634M

TickerSecurityLastChangeChange %
BRK.BBERKSHIRE HATHAWAY, INC.276.92-0.18-0.07%

Tesla $600M 

TickerSecurityLastChangeChange %
TSLATESLA, INC.623.71+2.88+0.46%

Source: Read Full Article