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Microsoft becomes second US public company after Apple to join $2 trn club

Shares of software giant have gained 19% so far this year

Microsoft
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Microsoft has gained 19 per cent so far this year, outperforming Apple and Amazon.com Inc

Ryan Vlastelica and Dina Bass | Bloomberg
Microsoft Corp took its place in the history books as just the second US public company to reach a $2 trillion market value, buoyed by bets its dominance in cloud computing and enterprise software will expand further in a post-coronavirus world.
 
Its shares rose as much as 1.2 per cent in New York on Tuesday, enough for the software company to briefly join Apple Inc. as one of only two companies trading at such a lofty value before closing pennies short of the mark at $265.51. Saudi Aramco eclipsed that threshold briefly in December 2019, but currently has a

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