2024 has been a real “musical chairs” for tech giants like NVIDIA, Microsoft e Apple. These companies are constantly alternating in the leadership position of the most valuable company in the world. Apple recently regained that title by reaching an impressive market value of US$ 3.62 trillion.
In case you didn’t know, “market value” is how much people are willing to pay for something a company has or does. In the world of business and investing, this usually refers to the total price of a company’s shares on the stock exchange. If a company has 1 million shares and each one is selling for $10, the market value of that company is $10 million. This value changes every day because people buy and sell shares and the price they think is fair to pay for them changes.
AAPL shares rose 2.5% after Morgan Stanley praised the company’s progress in artificial intelligencelabeling them the “best choice.” The title of most valuable company is volatile, fluctuating with market fluctuations. Giants such as Apple, Aramco, Exxon Mobil and Microsoft have all held the top spot.
In June, for example, the Microsoft owned this position thanks to its investment in AI, a strategy that now drives Apple.
“Apple shares rose 2.5% to a record high on Monday after Morgan Stanley raised its price target on the iPhone stock and rated the stock a “top pick,” citing the company’s AI efforts as a factor in boosting sales of the device.
Apple shares, which have risen nearly 20% this year, rose to $236.30, giving the company a market value of $3.62 trillion, the largest in the world.
Apple Intelligence is a clear catalyst for increasing shipments of iPhones and iPads,” said investment bank Morgan Stanley.
The iPhone 15 Pro and Pro Max models are the only current ones to support the features of Apple Intelligencewhich promise to significantly boost sales of the future iPhone 16 line. In addition, the transition to Apple Silicon chips in Macs should exceed several expectations of Intelas users upgrade their computers.
Source: 9to5Mac e Reuters
Source: https://www.hardware.com.br/noticias/apple-empresa-mais-valiosa.html
