Apple Shares Slip as $3 Trillion Value Proves Elusive Again - Bloomberg

2022-06-15 16:31:50 By : Mr. root huang

Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration.

Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration.

We look at the craftsmanship of high end products from African American-owned companies and Black creators.

Mexico Is Subsidizing 35% of Fuel Costs Thanks to Oil Bonanza

Cathay Plans Hiring Spree to Prepare for Hong Kong Travel Bounce

EU’s Once-Hyped Privacy Law Faces ‘Crunch Time’ for Revamp

YouTube Reaches 1.5 Billion Users of Shorts, Its TikTok Rival

From Big Tech to Bank Stocks, Traders Brace for Fed Rate Hike

New Jersey to More Than Double Property-Tax Relief to $2 Billion

Israel Signals Biden Mideast Visit Is Chance to Boost Saudi Ties

NYC’s Related, Swire Plot Out New Luxury Miami Office Skyscraper

HSBC Fires London Trader as Crackdown on Client Messaging Widens

Review: ‘Cha Cha’ Is Poignant, Surprising Coming-of-age Tale

Mix-and-match Metal Heroes Are 'Iconic' on Project Disc

Caterpillar and Boeing Show Headquarters Don’t Matter

Bond Market Spooks ECB Into Doing...Nothing

Housing Market Cooldown Will Only Lead to More Dysfunction

Sheryl Sandberg’s Wedding Expenses Are the Least of Facebook’s Sheryl Sandberg Problems

Lina Khan Has to Act Fast on Her Progressive Antitrust Agenda at the FTC

Janet Yellen Is Struggling at the Treasury Job She Never Wanted

Accused Buffalo Shooter Faces Potential Death Penalty on Charges

Morgan Stanley, Felicis Alums Raise $450 Million for Debut Fund

Japanese Firm to Tackle Dearth of Female Managers With Novel Bond

Nio Unveils Mid-Range SUV to Catch Up to Chinese Rivals

Extreme Heat Is Blasting the Midwest, South

How Many Bridges Does the Chesapeake Bay Need?

‘Train Fanatics’ Score a Win in California Battle Over Idled Tracks

Fiat Factory Roof Gets New Life as Public Space in Italy’s Motor City

Bitcoin Veterans Know to Keep Their Eyes on the $19,511 Level

El Salvador’s Big Bitcoin Gamble Backfires to Deepen Debt Woes

What Happens To Your Bitcoin When You Die? Estate Planners Have Some Ideas

Apple shares closed lower on Tuesday, with the iPhone maker slipping after a four-day rally that put it within striking distance of a historic $3 trillion market value, a threshold that has proved elusive for weeks.

The stock fell 0.6% as investors rotated out of big-tech names, closing at $179.29. Based on Apple’s outstanding shares, it will reach $3 trillion if the stock hits $182.86; it rose as high as $182.13 in intraday trading this month. Should Apple reach the milestone, it would be the first time any company has done so.