DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Apple has become the first company in the world to have reached the $3 trillion market cap after it briefly hit the mark during intraday trading on Monday, Jan. 3. It happened momentarily before the numbers dropped to their previous state.
Apple set the new record after its share price rose to $182.86 early this week. According to CNBC, this is a 2.5 percent surge on Monday to close at $182.01. It slightly missed the trading day closing at the $3 trillion mark.
The achievement is said to be symbolic and shows that investors continue to believe that Apple's stock will experience an upward price movement. It also indicates that they believe in the iPhone maker's ability to grow further.
In any case, with the $3 trillion market value, Apple just tripled its valuation in less than four years. Industry analysts can still see a lot of room for the company to move ahead.
The company was able to reach the $3 trillion mark due to its annual growth brought about by all of its products in its fourth quarter earnings with profits up by 29% year-over-year. It was noted that Apple's iPhone remained its biggest source of sales. Its services business also grew 25.6% year-over-year and reportedly brought in over $18 billion in revenue during the quarter.
Other major companies are also making billions and they are not far behind Apple's. Microsoft is said to be valued at around $2.5 trillion while Amazon has recorded a $1.75 billion market cap. Google is also in the running with its more than $1.9 trillion market valuation.
Meanwhile, CNN Business reported that it was in August 2018 when Apple's market value first went over the $1 trillion threshold and it crossed $2 trillion in August of 2020. The company's share prices were up close to 35% last year and this happened as it benefited from the huge demand for its latest iPhone 13 mobile phone.
Finally, Apple also earned a lot through the sales of the older iPhone models as well as through its subscription services including Apple TV Plus, iCloud, Apple Music, and the App Store.
