Apple is the third-most valuable company, behind Microsoft and Nvidia and ahead of Google and Amazon.
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shares rose 13% this week, its largest weekly gain in more than five years, after CEO Tim Cook appeared with President Donald Trump in the White House on Wednesday.
Shares of the iPhone maker rose 4% to close at $229.35 per share on Friday for the company’s largest weekly gain since July 2020. The week’s move added over $400 billion to Apple’s market cap, which now sits at $3.4 trillion.
Apple is the third-most valuable company, behind Nvidia
and Microsoft
The iPhone maker’s stock has surged in recent weeks after unveiling its latest products.
Tech company’s stock enters positive territory for first time this year after gaining about 13% since new iPhone launches
Apple reports fiscal fourth-quarter earnings on Thursday. Microsoft reports earnings on Wednesday.
Apple is set to up its U.S. investment to $600 billion over the next four years, a White House official told CNBC.
On its quarterly earnings call, Apple said revenue growth in the current quarter would be between 14% and 17%, well above…
The stock market bounced back this week.
