The value of “Apple” is 4 times the Kuwait sovereign fund… and more than twice as much as the “Norwegian”


US stocks closed higher the day before yesterday, Monday, and during the session, the market value of Apple reached 3 trillion dollars (Al-Arabiya).

According to the company’s new market value, Apple will be more than double the size of the Norwegian sovereign fund, which has assets of $1.4 trillion, and the Kuwaiti sovereign fund’s assets, which are nearly $750 billion, according to unofficial estimates, exceed 4 times.

Tesla also announced record deliveries in the fourth quarter of 2021, which improved investor sentiment on the first trading day of this year

On Monday, the first session of the new year, Apple became the first company in the world to reach this milestone.

The company’s share was able to record a new price of about $183 the day before yesterday, which made the market value exceed this value, but it ended the session at $182, with a market value of $2.99 ​​trillion.

Investors are betting that the “iPhone” maker will continue to launch more innovative products and enter new markets such as electric and self-driving cars and virtual reality. Poor’s 500.

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