Apple’s market value is now $454 billion higher than Amazon, the second largest company in the U.S. stock market. This is the biggest gap between apple and the second largest company in the U.S. stock market since Apple became the largest U.S. company by market value. Previously, the biggest gap between the top two U.S. stock market values occurred in 2015, when Apple’s market value was about $398 billion higher than that of ExxonMobil.
Apple shares continued their rally on Friday, up 4.5% as of press release. Over the same period, Apple’s stock price has risen by 14% in the past three months. SpaceX beat blue origin and Northrop Grumman to win a $316 million air force contract