Apple bites into history, is first US firm to reach $2 trillion in market cap

Apple Inc made Wall Street history on Wednesday when its 2020 stock surge pushed the market value past $2 trillion, the first time a US company has surpassed that level. Shares of the iPhone maker rose as much as 1.4% to $468.7 in midday trading. The stock has more than doubled off a March low, in a rally that has been driven by strong earnings results ahead of 5G iPhone.

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