This Monday, large technology companies have noticed a significant rise, but it has been Apple that has led to renew its all-time highs.
Apple rises more than 3%, which places the company at $ 136.87, historical closing maximum. In 2020, the stock is up almost 85%.
Since the beginning of November, the share of the American multinational has risen practically 25%. Due to these data, in their last report they announced the possibility of building an autonomous car that would begin production in 2024. Piper Sandler, the multinational financial services and investment company in the United States, assured that Apple's new automotive project would involve "Another stretch of growth in addition to a higher multiple" for the company.
One of the reasons for the boost in tech stocks on the rise is the aid package signed by the president of the United States, Donald Trump, and government funding against Covid-19, which included an amount of 2.3 trillion dollars.