pple became the first company in the world to breach the $1trn market value barrier in June 2018 (leaving aside PetroChina, which managed it briefly in 2007 in a bull run for Chinese shares). It was greeted as a major milestone in the rise of the US stockmarket and its growing dominance by a handful of technology companies. Far from being a one-off, that marked just the start of
The shrinking trillion-dollar club
Nov 11, 2022
2 minutes
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