Apple, Microsoft and market capitalization
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Microsoft and Apple are now worth over $4 trillion apiece and are helping drive the Dow, S&P 500 and Nasdaq Composite to record levels as investors embrace the new iPhone and AI.
This is the first time Apple's market capitalization has crossed the $4 trillion mark, making it the third company to ever cross the milestone after Nvidia and Microsoft.
Apple stock rose 0.2% to $271.11 in early trading Thursday, ahead of the iPhone maker’s fiscal fourth-quarter earnings report due after the market closes.
Wall Street's three main indexes hovered near record highs on Tuesday, underpinned by shares of megacap tech stocks such as Microsoft and Apple in a week packed with earnings from U.S. heavyweights. Microsoft jumped 2.
Apple stock is trading near its all-time high. Yet it has underperformed most of the other Magnificent 7 stocks this year.
The S&P 500 has been in a bull market for three years, but the momentum could stall, depending on the outcome of several crucial events this week.
The turnaround is striking: Apple vaulted from $1 trillion in 2018 to $2 trillion in 2020 and $3 trillion in 2022. Now, in 2025, the company has joined the $4 trillion club.
President Donald Trump’s effort to build a big ballroom for the White House has made waves — and attracted donations from more than a dozen publicly traded companies.