Apple's market value broke the $3.5 trillion mark, setting a new record: it made the S&P 500 stock portfolio worth over $400 billion

Escrito porAInvest Visual
miércoles, 10 de julio de 2024, 7:03 pm ET1 min de lectura
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IT Home July 11th news, after the stock price of Apple Inc. reached a new high of $227.85 on Wednesday, the stock price of the company hit a new high again on Thursday, reaching $233.08 in the middle of the trading session, opening at $229.30 and closing at $232.98, with a market capitalization of $3.57 trillion, making it the first company to break the $3.5 trillion threshold.

The stock price of Apple Inc. has been growing rapidly since April, with its market capitalization increasing by more than 30% in the past three months.

Since April 19, the market capitalization of Apple Inc. has increased by $952 billion, surpassing Tesla Inc. ($824.917 billion as of the time of this article's publication).

The current market capitalization of Microsoft Inc. is $3.47 trillion, while that of Nvidia is $3.32 trillion, and both are expected to break the $3.5 trillion threshold in the near future.

The stock investment portfolio of Berkshire Hathaway Inc., owned by Warren Buffett, has exceeded $400 billion as a result of the rapid growth of Apple Inc.'s stock price (IT Home notes: approximately $2.91 trillion RMB at present).

However, this has not had a significant impact on the stock price of Berkshire Hathaway Inc., which rose 0.74% on Thursday, closing at $618,999.90, with a year-to-date gain of 14.3%, trailing the S&P 500 Index by about 3 percentage points.

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