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  Big Tech adds $2.5 trn in value on robust 2021 gains Big tech powered US stocks to a third straight winning year in 2021, as giants like Apple Inc. and Microsoft Corp. continue to see strong demand almost regardless of the economic environment. Five of the market’s most notable Internet and technology names — Apple, Microsoft, Google parent Alphabet Inc, Amazon.com Inc and Facebook parent Meta Platforms Inc — rose this year, even as they finished in the red on the final trading day of 2021. While their 2021 performances varied  ...... Read more at: https://economictimes.indiatimes.com/markets/stocks/news/big-tech-adds-2-5-trn-in-value-on-robust-2021-gains/articleshow/88646894.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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Apple becomes first company to hit $3tn stock market value, then drops

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Apple becomes first company to hit $3tn stock market value, then drops Apple Inc on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality. On the first day of trading in 2022, the Silicon Valley company's shares hit an intraday record high of $182.88, putting Apple's market value just above $3 trillion. The stock ended the session up 2.5% at $182.01, with Apple's market capitalization at $2.99 trillion.
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