In Early Trading, Microsoft's Market Value Once Fell Below $2 Trillion

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On the evening of May 9, the market value of US stock Microsoft once fell below US $2 trillion, and the share price fell to a new low since July 2021. At present, the three major indexes of US stocks have opened significantly lower and maintained a decline at the beginning of the session. According to wind data, as of 21:40 Beijing time on the 9th, the Dow Jones industrial index, S & P 500 index and Nasdaq index fell 1.25%, 1.56% and 1.68% respectively.

Analysts believe that due to market concerns about the Fed's interest rate hike and its potential economic impact, US stocks may usher in a period of turmoil.

In addition, it is worth noting that in addition to the sharp decline affected by the overall environment, Microsoft also experienced a sharp decline in January this year. At that time, it was because it announced that it would buy Activision Blizzard for us $68.7 billion, causing global shock

According to reports, the transaction is expected to be completed in fiscal year 2023. After the completion of the transaction, Microsoft will become the third largest game company in the world by revenue, second only to Tencent and Sony.

The planned acquisitions include well-known works of Activision Blizzard and its subsidiary king, such as Warcraft series, Diablo, watchman, call of duty and candy crush legend.

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