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Apple Hits $1 Trillion Stock Market Valuation

Apple Hits $1 Trillion Stock Market Valuation

<br /> On Thursday Reuters reported that Apple has become the first $1 trillion publicly listed U.S. company. The tech company’s stock jumped 2.8 percent to as high as $207.05, bringing its gain to about 9 percent since Tuesday, when the company said it had bought back $20 billion of its own shares. Apple’s stock market value is now greater than the combined capitalization of Exxon Mobil and AT&T, and now accounts for 4 percent of the S&P 500. <br />

Netflix Passes Disney in Stock Market Valuation

Netflix Passes Disney in Stock Market Valuation

The stock market value of Netflix has eclipsed the Walt Disney Company.<br />The video-streaming service is now valued at $153 billion, making it the most valuable entertainment company according to Wall Street.<br />But their blossoming stock value is also indicative of an emerging trend in entertainment consumption.<br />Viewers are tuning into streaming services, not television channels.<br />And they are preferring a night in, watching movies on demand, instead of heading out for a night at the theater. <br />

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