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May 15, 2023

The Big Apple ( not NYC )

The market capitalization of Apple has reached a remarkable 2.7 trillion USD. This dwarfs every single continental European stock market as it is for example 10% more than the value of the whole CAC 40 and 80% more than the one of the German Dax. It is now higher than the combined value of the 2000 US smaller companies comprised in the Russell 2000 index. This apple may become quite hard to digest for investors, politicians and regulators …