“Earlier this year, Apple’s market cap fell below $2 trillion in trading for the first time since early 2021.”
Apple went from under $2 trillion to a $3 trillion close in about six months, up nearly 46% on the year. The big product news was a $3,499 headset that goes on sale next year. Nvidia rose 181% and Meta 137% on AI talk, and Apple rode the same tide while barely saying the word. The market is pricing a mood.