Apple Inc looked set to touch US$3 trillion in market value on Monday as its shares hovered around a new record high, bringing the iPhone maker within spitting distance of becoming the world's first company to cross the milestone.
The company's stock needs to reach US$182.86 to record US$3 trillion in market value. Last week, Apple's shares rose nearly 11per cent and hit record highs in four sessions. When Apple hits the milestone, Microsoft Corp will be the only company in the US$2 trillion club, while Alphabet, Amazon and Tesla have crossed US$1 trillion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's Sensetime to withdraw US$767 million Hong Kong IPO after US ban - sourcesChinese artificial intelligence start-up SenseTime Group will withdraw its US$767 million Hong Kong initial public offering (IPO) on Monday and update its prospectus, two sources told Reuters, after being placed on a U.S. investment blacklist.The sources, who have direct knowledge of the situation but cou
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Malaysia says US chipmaker Intel to invest US$7 billion in new facilityKUALA LUMPUR : American chip manufacturer Intel Corporation will invest 30 billion ringgit (US$7.10 billion) in a new, state-of-the-art facility, Malaysian authorities said on Monday.The Malaysian Investment Development Authority, in a media invitation, said Intel Corporation had chosen Malaysia to expand
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Polish regulator to investigate Apple's privacy policyWARSAW : Apple faces an investigation in Poland over whether its new rules on privacy and personal data processing for iOS devices violate competition law, Polish antimonopoly watchdog UOKiK said on Monday. Apple rolled out an update of its iOS operating system in April with new privacy controls designed
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China brands US democracy 'weapon of mass destruction'China branded US democracy a 'weapon of mass destruction' on Saturday, following the US-organised Summit for Democracy which aimed to shore up like-minded allies in the face of autocratic regimes.
Source: YahooSG - 🏆 3. / 71 Read more »
Apple's upcoming iPhone SE 5G could help attract billion-plus Android users- J.P.MorganApple Inc's upcoming iPhone SE 5G has the potential to attract more than a billion non-premium Android users, J.P. Morgan analysts said on Monday.The company is expected to launch the iPhone SE with 5G capabilities in early 2022, according to media reports and the brokerage, with the analysts adding the m
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
MUFG trust bank chief sees return of foreign firms to Tokyo marketTOKYO : Japan is ripe for a revival in stock listings by foreign firms, the trust banking arm of Mitsubishi UFJ Financial Group Inc said on Tuesday, with more than a dozen in the pipeline for Tokyo's start-up market. Japan's huge household wealth and the relatively high stock valuations on the Tokyo bours
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »