"Microsoft's Market Cap Surges Past $3 Trillion Milestone"

Microsoft's market cap briefly crossed $3 trillion in intraday trading, fueled by a more than 1% stock climb to around $404 per share. This comes after the company briefly surpassed Apple as the world's most valuable public company. Analysts are optimistic about Microsoft's investments in artificial intelligence, with Citi and Morgan Stanley both raising their price targets and expressing confidence in the company's upcoming earnings report. Microsoft is set to report its second quarter fiscal year 2024 earnings on Jan. 30.