Microsoft
Microsoft is an American corporation that creates and sells software and services like the Windows operating system, cloud computing services, and the Bing search engine. Microsoft's market value is $1.975 trillion as of March 2023. According to companiesmarketcap.com, this makes Microsoft the second most valuable company in the world by market cap.
Microsoft's performance can have a significant influence on the overall movement of the Dow and the stock market as a whole. The company's products and services, including its Windows operating system, Microsoft Office suite, and cloud computing platform Azure, are widely used by businesses and individuals around the world. As a result, Microsoft's financial performance and market movements can have a ripple effect across the entire technology industry and beyond.
As Microsoft continues to innovate and expand into new areas such as artificial intelligence, augmented reality, and gaming, its influence on the Dow and the broader economy is likely to grow. Therefore, Microsoft's significance in the Dow Jones cannot be overstated.
Founded: 1975
Headquarter: Redmond, WA
Website: https://microsoft.com