Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy 
Alibaba Bets on AI Agents to Unify Its Vast Digital Ecosystem 
Volkswagen CEO Urges Germany to Adopt China's Industrial Discipline Amid Major Restructuring 
OpenAI's Desktop Superapp: Unifying ChatGPT, Codex, and Browser Tools for Enterprise AI 
Asian Currencies Rebound as Dollar Weakens, BOJ Holds Rates 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
S&P 500 Rebounds After Netanyahu's Statements on Iran's Military Setbacks 
Judge Dismisses Sam Altman Sexual Abuse Lawsuit, But Sister Can Refile 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Tesla Eyes $2.9 Billion in Chinese Solar Equipment to Power 100 GW U.S. Manufacturing Push 
Tesla FSD EU Approval Delayed to April 10 as RDW Completes Final Review 
Amazon's "Transformer" Phone: Can It Succeed Where Fire Phone Failed? 
Elliott Investment Management Takes Activist Stake in Align Technology 
Japan's Parliament Backs Dovish BOJ Board Members, Raising Questions on Rate Hike Path 
U.S. Stock Futures Steady as Wall Street Retreats on Oil Volatility and Fed Rate Outlook 
Asian Currencies Slide as Oil Prices Surge Amid U.S.-Israel-Iran Conflict 
Asian Markets Tumble as BOJ Holds Rates, Oil Surges Past $110 
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.
