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- Microsoft stock continued to rally on Wednesday, bringing the company's market cap back above $2 trillion.
- Shares gained 4% on Tuesday after the company announced its search engine Bing would integrate AI from ChatGPT parent OpenAI.
- Meanwhile, Alphabet fell after its ad for ChatGPT rival Bard showed the chatbot giving an inaccurate answer.
A rally in Microsoft stock on Wednesday helped lift the company's market capitalization back above $2 trillion, rejoining tech peer Apple.
Shares were up 1% at $270.12, giving the tech giant a valuation of $2.01 trillion. That followed a 4% rally Tuesday after Microsoft announced its search engine Bing would integrate artificial intelligence from ChatGPT parent OpenAI. It will also bring an AI feature to its Microsoft Edge browser system.