SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
easyJet Agrees in Principle to £5.23 Billion Castlelake Takeover Offer 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
Microsoft's market value exceeded $2 trillion during trading on Tuesday, becoming only the second publicly traded US company, after Apple, to reach such a valuation.
Its stock climbed 1.1 percent to $265.51.
Microsoft passed the $1 trillion market cap mark over two years ago.
The increased valuation was attributed to the Covid-19 pandemic, which led people to spend more time on devices, bolstering demand for Microsoft's computers, cloud computing platform, and gaming systems.
Microsoft's stock gained 64 percent since the pandemic lockdowns began going into effect in the US in March 2020.
In the first quarter, Microsoft's sales surged 19 percent on-year to $41.7 billion.
CEO Satya Nadella noted at the time that digital adoption curves aren't slowing down over a year into the pandemic.
Nadella revealed that Microsoft is building the cloud for the next decade, is expanding its addressable market, and innovating across every tech stack layer.
Apple's passed the $2 trillion market valuation last August and is now valued at $2.24 trillion.
Oil company Saudi Aramco previously passed the $2 trillion mark, though its market cap on Tuesday was $1.88 trillion.
Meanwhile, Amazon's market cap reached $1.77 trillion as Google parent Alphabet's hit $1.67 trillion.
