MSFT is Number One (Again)

Microsoft is enjoying a little glory, having unexpectedly

regained its position as America's most valuable publicly-

quoted company – albeit, I think, temporarily. It lost out to

Apple and then Amazon in the race to be valued at more

than a trillion dollars, and it hasn't exactly risen to the top.

In fact, in the last quarter, Microsoft's value slumped by

more than $100 billion.

What's happened is that the value of Microsoft shares fell

less than those of other leading technology companies.

As you will have noticed, American stock prices are

undergoing a "correction" after a bull run that lasted almost

a decade. Microsoft shares have declined along with the

rest of the market. It's just that shares in members of the

FAANG group have fallen further