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Microsoft's market value exceeds $500 billion for the first time since 2000

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NewsHubMicrosoft has crossed the $500 billion mark in terms of market value after having last attained it nearly 17 years ago. The company beat Wall Street’s expectations again for seven out of the last eight quarters owing to strong growth in cloud services and Office.
Previously, the Redmond company had reached the milestone back in March 2000 with a market cap of over $550 billion when the Internet was still evolving from its early stages. As it stands now, the market cap for the company stands at $510 billion with shares at an all-time high of $65.78, representing a growth of 2.

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