Update: Microsoft pulled it off, and at the time of writing (2:45 pm London, 9:45 am New York), Microsoft is worth more than Google. We’ll check back in at the end of the day:
Google and Microsoft are currently locked in a dogfight to be the second-most valuable technology company in the world. Following Google’s less-than-awesome earnings report, combined with a pre-market rise from Microsoft, the two tech giants are neck-and-neck for market cap supremacy.
Apple and Exxon Mobil will still be worth more than the dueling technology giants. The four firms have a combined market cap of more than $1.5 trillion.
Yesterday, Google’s earnings report sent its stock down more than 5 percent in after-hours trading. Google fell in early pre-market trading, but opened up a fraction. Microsoft opened up just over 1 percent.
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