Microsoft has become the second company ever to achieve a $3 trillion market valuation, reaching the milestone on January 26th. It closed at $3.01 trillion, or $404.87 per share, making it the second company after Apple to reach $3 trillion. Much of Microsoft's recent stock hype has come from AI announcements and new product news bolstering the share price weekly. This milestone occurred on the same day Microsoft laid off 1900 workers from its gaming divisions, including Activision Blizzard teams.