America’s first $2 trillion company

America’s first $2 trillion company

Apple, Inc. became the first U.S. company to top $2 trillion in market value — at least intraday, on Wednesday and again Thursday. The iPhone maker has seen its stock double in value since the start of the pandemic in March — when, like many companies, it hit a recent low — as people rely more heavily on technology to work from home.

That trend is lifting internet companies far above other industries as investors search for growth amid a stalled economy. Apple became the first $1 trillion company in August 2018.

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