Microsoft just earned some serious bragging rights.
The company surpassed Google owner Alphabet to become the third-most valuable company in the world, with a market cap of more than $760 billion — about $15 billion more than Alphabet.
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It's not the first time the two companies have traded places on the most valuable companies list (the first two spots belong to Apple and Amazon, respectively), but, as CNBC notes, it's the first time Microsoft's taken the lead over Google in a number of years.
What's more, the latest milestone is a noteworthy moment for Microsoft, which is finally starting to see some of its long-term bets pay off in significant ways. Read more...More about Tech, Google, Microsoft, Windows 10, and Tech