The news is mostly politics and Twitter right now, so here’s a dose of perspective.
Apple finished Wednesday’s session with a $2.31 trillion market cap, according to Yahoo! Finance data. Alphabet, Amazon, and Meta were worth a combined $2.3 trillion. Meta’s meltdown, of course this year, backed– or helping to drive that underperformance there. Big Apple, though, indeed the winner.
These absurdly rich companies are happily sliding under the radar while Elon Musk is distracting everyone. Tax them all more.
Boy, I remember when everyone was predicting that Apple was going to decline into irrelevance.