Apple is just a couple of pips away from becoming the first company ever to be valued at $1tn, a symbolic threshold that further shows just how much tech companies have come to dominate the US stock market.

On Friday, Apple was valued at over $940bn – “just” $60bn short of a figure no other listed company has ever achieved. It’s not the only tech company nearing $1tn – Amazon is currently valued at over $820bn.

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