Apple shares closed up 2.3% at $193.97 Friday, bringing its market value to $3.04 trillion. Apple is one of a handful of technology companies, including Microsoft and chipmaker Nvidia, that helped drive the S&P 500 to a gain of nearly 16% in the first half of the year.
Although the significance of reaching a $3 trillion market value is largely symbolic, its magnitude is still breathtaking. It took Apple less than two years to close with a $3 trillion market value after topping $2 trillion for the first time in August 2021, which occurred about two years after the Cupertino, California, company reached $1 trillion for the first time.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple’s market value ends above $3 trillion for first time as new gadget releases loomThe tech giant’s stock rose more than 2% to $193.97 per share at the closing bell on Friday after finishing at a record high in each of its previous two trading sessions.
Source: nypost - 🏆 91. / 67 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »