Apple became the first company to reach that milestone and its shares ended higher.
Tesla's shares also climbed after the company's quarterly deliveries beat analysts' estimates, riding out global chip shortages as it ramped up production in China."Those are the two big drivers for the S&P," said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago. But he and others said easing investor worries about the impact of the Omicron coronavirus variant also helped market sentiment, even with rising COVID-19 case numbers.
"The real news is people feel like this latest round of COVID is not going to be economically debilitating in that a lot of restrictions and lockdowns are going to be required," said Stephen Massocca, senior vice president at Wedbush Securities in San Francisco.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple becomes first company to hit $3 trillion market value, then slipsApple on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.
Source: KSLcom - 🏆 549. / 51 Read more »
Apple has become the world's first $3 trillion companyApple has reached yet another major milestone. The iPhone maker topped a market value of $3 trillion Monday — the first publicly-traded company ever to be worth that much. Jest za mocna Trading has change my life at of doubts, i started trading in just 5days with the company platform, and I received my profit return directly into my bank details after my trade ended with the help of Ma’am, message Ma'am now, for more details with a click on her coinmamba11 So they sold what, 10 iPhones?
Source: cnni - 🏆 326. / 59 Read more »
Apple Becomes First U.S. Company to Reach $3 Trillion Market CapApple’s cash flow also makes the stock a safe haven during times of market uncertainty. Good job apple, you won capitalism. Mostly due to iPhone sales? Remember Apple, what good is it if China is holding your keys.
Source: NBCDFW - 🏆 288. / 63 Read more »
Apple becomes first U.S. company worth $3 trillionTech giant's 50% stock's surge in the past year has made it the first American company to reach the investor milestone. elonmusk time to KETCHUP like MAYO
Source: CBSNews - 🏆 87. / 68 Read more »