Apple inches closer to $1tn mark as Wall Street tech panic dissipates

Tech’s stock market dominance is no longer a Wall Street fear as Apple is close to becoming first company valued at $1tn

Apple is just a couple of pips away from becoming the first company ever to be valued at $1tn, a symbolic threshold that further shows just how much tech companies have come to dominate the US stock market.

On Friday, Apple was valued at over $940bn – “just” $60bn short of a figure no other listed company has ever achieved. It’s not the only tech company nearing $1tn – Amazon is currently valued at over $820bn.

Continue reading… …read more