From 1 trillion to 2 trillion, apple only took two years. The stock price hit a new high, the market value soared, and in this year when the “black swan” swept the world, apple went out of the immortal market against the trend, and the whole technology stocks also began to have more imagination space. The battle for “2 trillion club” may have begun. Man’s life and family possessions can be heard without end. While the technology stocks are revelling, the sound of bubbles is always heard. When the whole US stock is on the technology stocks, the situation itself is already bad. < p > < p > Apple makes history again. On August 19, local time, Apple’s share price soared all the way, breaking through $468 per share. At this point, Apple also ushered in the highlight moment, becoming the first company in the world with a market value of more than $2 trillion. However, Apple’s share price failed to maintain a high level all the time. In the afternoon, Apple’s share price fluctuated slightly and finally closed at US $462.83/share, and its market value fell back below $2 trillion, maintaining at $1.98 trillion. < / P > < p > but for apple, even if it breaks through $2 trillion for a short time, the signal is self-evident. CNBC said the $2 trillion breakthrough was largely a symbolic sign, but it showed CEO cook’s success in changing apple. Judging from Apple’s 33% price to earnings ratio, investors are now inclined to see Apple as a software company. As for the factors supporting the stock price and other issues, Beijing Business Daily reporter contacted apple, but as of press, no reply was received. Although Apple’s market value fell below $1 trillion in the stock market crash in March this year, Apple’s overall momentum can stand up to the word “fierce”. On August 2, 2018, apple became the world’s first technology company with a market value of more than $1 trillion, while Amazon, which was favored by many Wall Street analysts at that time, ranked second. At that time, its market value was only more than $880 billion. In June this year, Apple’s market value broke through $1.5 trillion again. At that time, some analysts predicted that Apple might become the first company with a market value of $2 trillion in the next few years. But to the surprise of the outside world, from $1.5 trillion to $2 trillion, apple took less than two months. < / P > < p > and there is another clue, that is, the listing of Saudi Aramco once let Apple’s top market share. At a time when Apple’s market value exceeded $1.5 trillion, Saudi Aramco was the most valuable company in the world. But on July 31, Apple’s share price soared by more than 10%, making its market value reach $1.82 trillion, directly surpassing Saudi Aramco and regaining its position as the world’s largest market value. < / P > < p > the market value of the company has exceeded $2 trillion, which can be regarded as a milestone event of technology stocks in apple and even in US stocks. Some analysts believe that the main reason for Apple’s eye-catching share price performance is that consumers’ demand for the company’s products is very stable. Meanwhile, with millions of Americans working from home, sales of Apple’s core product iPhone are much better than expected. According to previous financial data, Apple’s net revenue in the second quarter was $59.685 billion, up 11% from $53.809 billion in the same period last year, and net profit was $11.253 billion, up 12% from $10.44 billion in the same period last year, both exceeding analysts’ expectations. In addition, the company’s second quarter net revenue in Greater China was $9.329 billion, up 2% year-on-year. < / P > < p > even some Wall Street analysts believe that Apple’s current market value of $2 trillion is still undervalued, because Apple’s fast-growing service business and the upcoming launch of the first 5g phone will become two core driving forces for mutual promotion. In this regard, Internet analyst Yang Shijie also said that 5g is an opportunity for historical development, not only for the upgrading of communication, but also for the breakthrough of Internet of things. Apple has investment related enterprises and its own R & D layout before. Huawei, limited by various obstacles, may not catch up with apple, so it is also an indirect benefit for apple. However, according to Tang Dajie, director of Research Department of Saiyi Enterprise Research Institute and visiting researcher of Wuhan University, Apple’s market value exceeding $2 trillion is inseparable from the extraordinary rise of US stocks. It can be said that it is a relatively crazy market. The logic behind it is that the economy stops and money cannot be put into the real economy, which leads to a large number of investment impulses in the capital market Get high. In addition, it is the situation of the market itself. Tang Dajie said that it can be seen that the market is basically a hot spot followed by a hot spot. Last month’s hot spot was Tesla, and this month’s hot spot is apple. In fact, the reason why Apple’s rise this time is similar to that of Tesla’s crazy rise last month. This month’s hot spot may also find other companies without looking for apple. “To sum up, the capital market operates at a relatively isolated level, not to say how many practical points Apple really has to support.” < p > < p > Yang Shijie also mentioned that another reason supporting the rise of Apple’s share price is the driving force behind the capital, because more hot money in the circle may drive up the stock price of long-term optimistic enterprises. The market value of Apple has reached a new high after all, whether it is supported by favorable factors or the speculation in the capital market. Under the leadership of apple, the technology stocks in the U.S. have also become higher and higher. The top five U.S. technology giants, including apple, have performed well in the market recently. Among them, the market value of Amazon has reached 1.63 trillion US dollars, second only to apple, and the market value of Microsoft has also reached 1.59 trillion US dollars, almost the same as the market value of Amazon. In contrast, Google’s parent company, alphabet, has a market value of about $1 trillion, while Facebook has a market value of more than $700 billion. < / P > < p > therefore, the issue of who will become the next company with a market value exceeding $2 trillion has also become the focus of attention. You know, two years ago, when people were watching who would be the first to skip the $1 trillion mark, Amazon was a hot choice. After Apple took the lead in crossing this barrier, technology giants also set off a wave of “trillion club”. Two years later, yesterday reappeared, but the goal of this sprint has become a “2 Trillion Dollar Club”. < / P > < p > as for the next “2 trillion”, the focus of the competition is likely to be cloud computing. Yang Shijie said that Amazon used to be an e-commerce company, but now it mainly does cloud computing. This source of income accounts for a large part of Amazon’s revenue and brings a lot of profits. When the overall 5g and AI industry matures, the demand for cloud computing will certainly become more and more prosperous. Microsoft’s cloud computing is now only behind Amazon, and then Google. We should know that the future of cloud computing and cloud computing industry chain is very broad, which can be extended to various industries, including the digital transformation of traditional enterprises, accurate customer acquisition, etc. < p > < p > when technology stocks start to compete for new goals, a more obvious feature emerges – technology stocks seem to become the backbone of American stocks. Just a day before Apple’s market value hit new highs, the S & P 500 and the NASDAQ just hit record highs. In the outside world, the rise of U.S. stocks, in addition to the Federal Reserve’s large-scale water release and easing policy stimulus, largely benefited from the strong rise of a few technology heavyweights. < / P > < p > according to the data of S & P Dow Jones index, the top five technology stocks in the S & P 500 index account for more than 23% of the market value, while the sum of the top 10 companies’ market capitalization accounts for more than 30% of the total market value of the index, which is the highest proportion in at least 40 years. In mid August, Apple’s weight in the S & P 500 index reached 6.5%, breaking IBM’s record of 6.4% 35 years ago, and becoming the largest component of the S & P 500 index in 40 years.
is also the leading stock and derivatives strategist at BTIG, the majority of Wall Street, and warned JulianEmanuel that the biggest winners of the US stock market may be in the bubble, suggesting investors consider reducing their exposure to large technology stocks. Mr Tang also said there must be risks in technology stocks. At present, the fluctuation of American stock market has not completely ended, and the GDP of the whole western countries is declining, the economic fundamentals are ugly, the consumption is tight, and the stock market has so much premium, it is not easy to explain according to common sense. It is now possible to confirm the existence of bubbles, but they have not reached the end point. After all, there is no danger signal in the capital market, and there is not much phenomenon of reverse operation. However, Yang Shijie pointed out that technology stocks are hot stocks in the general environment, and they are also the cornerstone of digital development of the whole industry in the long run. Moreover, the protection of technology stocks in the United States is very obvious. The protection tendency of the United States can be seen from the disconnection of Huawei and the stripping of tiktok. From the perspective of competitiveness and development potential, the potential of technology stocks is also very large, including the dominance of patented technology and core components. Yang Yuehan, reporter of Beijing Business Daily