Apple makes history as first $3 trillion company amid tech stock surge

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Apple Inc become the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its expansion in new markets coupled with expectations of a more moderate approach to interest rate hikes by the Federal Reserve.

to gain access to Tesla's charging network, which could potentially establish Tesla's chargers as the industry standard.joined the $1 trillion valuation club last month, as its market cap climbed 11.8%, with investors betting on its potential to become a major beneficiary of a boom in artificial intelligence.

The company's shares have soared following a revenue forecast that was more than 50% above the Wall Street estimate in May.led the list of top 20 global companies by market capitalization at the end of June.market cap dropped 2.3% last month to $1.53 trillion, on rising competitive pressures from Microsoft's Bing which has grown in prominence after the integration of the artificial intelligence behind ChatGPT.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 31. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Apple on verge of becoming first company with $3-trillion valuationIts year-to-date rally has added more than $940bn to the company’s size
La source: BDliveSA - 🏆 12. / 63 Lire la suite »