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Title: Apple Car reports add $102 billion to market value Post by: HCK on December 24, 2020, 04:05:21 pm Apple Car reports add $102 billion to market value
That's more than the entire market value of General Motors... What you need to know Reports Apple will release a car in 2024 have caused the company's stock price to surge, adding $102 billion in market value at one point Tuesday. Reports Apple will release a car in 2024 have seen its stock price climb nearly 5%, adding $102 billion to its market cap on Tuesday. From Business Insider: Apple gained 4.7% on Tuesday following a Reuters report on Monday that said the iPhone maker planned to produce electric cars by 2024. The tech giant aims to compete in the rapidly expanding electric-car market with new battery technologies to improve vehicles' safety and range, according to the report. That could "radically" cut down on battery costs, a source familiar with the plans told Reuters. Apple's market value grew by more than $102 billion at intraday highs. From a report on Monday: Reported by Reuters, Apple first self-driving car could debut as soon as 2024. The company i... Source: Apple Car reports add $102 billion to market value (http://feedproxy.google.com/~r/TheIphoneBlog/~3/nNQrqYQcroc/apple-car-reports-add-102-billion-market-value) |