California-based technology giant Apple Inc is planning a production of passenger vehicles by 2024 with its own radically new battery design, according to a Reuters report which cited undisclosed sources, sending its shares up about 3% in pre-market trading on Tuesday.
Market leaders often close the year at their highs because fund managers buy shares to ‘dress up’ annual reports.
Without Facebook, Apple, Amazon, Netflix and Alphabet – the so-called FAANG stocks – the S&P; 500 would be down about 4% in 2020 – Bespoke