The American company Apple became the most expensive company in the country, overtaking Microsoft, reported the newspaper The Wall Street Journal (WSJ). Apple's market cap recently reached $3.25 trillion. USD, making it “the most valuable company in the USA”. Apple overtook Microsoft and Nvidia.
Earlier it was reported that Microsoft, Nvidia and Apple for the first time since 2000 represent more than 20% of the value of the S&P 500, as clarified by Bespoke Investment Group. This means that just 3 stocks are worth more than the combined stocks of the hundreds of other companies that make up the index.
Investors point to negative factors associated with this trend. Fairlead Strategies founder Katie Stockton said the strength of the three companies shows weakness in many other areas of the market.