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Microsoft’s AI momentum could push shares toward Apple level $3 trillion by early 2024

Business
Published on 24 April 2026
Microsoft’s AI momentum could push shares toward Apple level $3 trillion by early 2024

One bet on OpenAI is already $13 billion

Microsoft has surged during the AI gold rush, with its stock up over 41% this year—far outpacing the S&P 500. Even as some investors worry it has run too fast, analyst Dan Ives predicts Microsoft can join Apple in the $3 trillion club by early 2024, supported by its expanded OpenAI investment totaling more than $13 billion.

  • Microsoft stock is up 41% this year, beating the S&P 500 by far
  • Analyst Dan Ives expects a path to $3 trillion market cap by early 2024
  • Microsoft increased its OpenAI investment to over $13 billion
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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