Aramco at Apple’s heels for world’s most valuable company crown

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The rally in oil prices has boosted the world’s biggest oil company’s shares, while a broader selloff has put Apple under pressure

The rally in oil prices has boosted the world’s biggest oil company’s shares, while a broader sell-off has put Apple under pressureSaudi Arabian Oil Company briefly hit a record high on Monday, taking its market capitalisation close to that of Apple in the race for the world’s most valuable company.

The rally in oil prices has boosted the world’s biggest oil company’s shares, while a broader sell-off has put Apple under pressure. Apple, which has held the market cap title since 2020, has been hit by higher interest rates that fuel concerns about future earnings growth for technology companies. The iPhone maker declined 2.4% in premarket trading, suggesting that it could shed $60bn in market value to $2.49-trillion versus Saudi Aramco’s $2.44-trillion.

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:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Four employees killed at Harmony's Kusasalethu mine in Gauteng - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Four employees from Harmony Gold Mining Company Limited have been killed following an incident related to the maintenance of infrastructure at the company’s Kusasalethu mine near Carletonville, Gauteng. froneman must be arrested.
Source: SABCNews - 🏆 37. / 51 Read more »

Business Travel rebounds as execs choose (Real) face time over ZoomCompanies are reporting more trips, proving doomsayers from the pandemic’s darkest days wrong.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Corobrik fulfils its investment pledge with eco-friendly factoryThe R800m Kwastina plant in Doornfontein more than doubles the company’s brick output capacity
Source: BDliveSA - 🏆 12. / 63 Read more »