Microsoft (NASDAQ: MSFT) is the world's second-largest company with a market capitalization of $2.1 trillion. It's trailing archrival Apple, which is currently valued at $2.5 trillion, but I'm going to explain why Microsoft has a growth advantage and could hit the $5 trillion mark first. The company was founded in 1975, but over the years, it has evolved from a consumer software company into a tech powerhouse at the forefront of gaming, cloud computing, and now, artificial intelligence (AI).
Xbox boss Phil Spencer says store could launch as soon as next year if regulators clear Activision Blizzard deal
The stock prices of these companies have been climbing in 2023, but each remains nowhere near its full potential.