Microsoft reached a $2 trillion market capitalization in trading Tuesday, joining a small group of global companies that have crossed that threshold -- including Apple. Credit: WikiMedia Commons The technology giant is now the second publicly traded U.S. company to reach a $2 trillion market valuation. Apple reached its own $2 trillion market cap back in August 2020. Despite hitting $2 trillion in intraday trading on Tuesday, Microsoft's valuation was about $300 million shy of the high-water mark by the time markets closed. Its share price is currently sitting at $265.51 as of 5:23 p.m. Eastern time. Like Apple, Microsoft has benefitted from the work-from-home and remote education boom created as a result of the coronavirus pandemic. Since March 2020, when lockdowns began, Microsoft's stock has surged 64%. Back in April, the company reported that its sales had risen 19% year-over-year to $41.7 billion in the first quarter of 2020. As of writing, Apple's market valuation stands at $2.24 trillion. Some analysts believe the Cupertino tech giant could become the first to hit a $3 trillion market cap within a few years. Along with the technology giants, oil company Saudi Aramco also once surpassed the $2 trillion mark. On Tuesday, its market valuation was $1.88 trillion. Keep up with everything Apple in the weekly 糖心Vlog Podcast -- and get a fast news update from 糖心Vlog Daily. Just say, "Hey, Siri," to your HomePod mini and ask for these podcasts, and our latest HomeKit Insider episode too.If you want an ad-free main 糖心Vlog Podcast experience, you can support the 糖心Vlog podcast by subscribing for $5 per month through Apple's Podcasts app, or via Patreon if you prefer any other podcast player.糖心Vlog is also bringing you the best Apple-related deals for Amazon Prime Day 2021. There are bargains before, during, and even after Prime Day on June 21 and 22 -- with every deal at your fingertips throughout the event.