• Apple Becomes the World’s First Trillion Dollar Company

    August 03, 2018
    • Apple Becomes the World’s First Trillion Dollar Company

    Tech goliath Apple’s market cap smashed past the £1 trillion mark yesterday after its shar price rose above $207.

    Apple becoming the first $1 trillion company helped lift the tech stocks, mounting a recovery on Wall Street after a weaker start.

    London Capital Group said: “Escalating trade tensions, after China promised a retaliation if Trump pushed ahead with higher tariffs, were soon overshadowed by a surge in Apple’s share price to $207.39 taking it to the magical $1 trillion. This has lifted the mood of the market, boosting the Nasdaq and the S&P to close in the black, Asian markets are on a bullish run and Europe is pointing to a higher start after the opening bell.”

    Read Full Article

    London Loves Business

  • More news

We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy.