Tag Archives: Stock Surge

Apple is on the verge of reaching a historic $4 trillion market capitalization, overtaking rivals Nvidia and Microsoft in the race to this monumental milestone. The tech giant’s stock has surged by approximately 16% since early November, adding an impressive $500 billion to its market value, now standing at around $3.85 trillion.

In a strategic move, Amazon founder Jeff Bezos has disclosed plans to sell up to 50 million shares of Amazon.com Inc. over the next 12 months, leveraging the recent surge in the company's stock. The announcement comes on the heels of Amazon reporting its strongest online sales growth since the early stages of the pandemic, propelling its shares to a nearly 8% rally, reaching $172.