BQPrime
•75% Informative
Microsoft Corp. is narrowing the gap with Apple Inc. in the stock market as investors see better growth and far less China risk in the software giant.
Apple ’s market cap is nearing $2.8 trillion , down from a peak of nearly $3.1 trillion but still above Microsoft 's roughly $2 trillion .
Apple is at the center of a flareup in tensions with China , which accounts for nearly a fifth of its revenue.
The S&P 500 tech sector index has risen 38% in 2023 , compared with a 16% gain for an equivalent mid-cap index.
The index for small-cap tech stocks has risen less than 11% this year .
Instacart priced its initial public offering at the top of a marketed range to raise $660 million .
SoftBank Group Corp.’s stock fell as much as 4.3% , the biggest intraday fall in more than a month .
VR Score
83
Informative language
91
Neutral language
43
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
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