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Apple reaches $2 trillion market cap

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The broader market melt-up has helped buoy shares of Apple to new highs this morning. In early trading today, the market capitalization of the tech industry giant and FAAMG member crossed the $2 trillion mark before slipping just beneath the threshold.

Shares of Apple have advanced just over 59% in 2020, despite the company’s most recent earnings report bearing news of a more modest 11% year-over-year revenue gain. Earnings per-share advanced 18% in the same quarter, a more impressive metric but still a far smaller result than the value increase that Apple’s equity has managed.

Many technology companies are enjoying a strong market rebound after seeing sharp lows in the immediate wake of COVID-19-related restrictions at home and abroad. The market sentiment appears to argue that when the global economy is back to full-power, the market position of tech companies within it will be one of greater strength than before. This argument is doubled among companies that offer digital services, such as Apple.

Tech shares have set new all-time highs this year, with the Nasdaq Composite worth more than 11,000 points in recent days, a record tally after a eye-popping rally.

Around three years ago the “Big Five” American tech companies — Alphabet, Amazon, Microsoft, Apple, and Facebook — were worth $3 trillion in aggregate, big news at the time. Today Apple and Microsoft are alone worth around $3.6 trillion.

The rise of the tech giants has been the story of a decade, their recent gains the story of the year. If the market cohort is now overvalued is, of course, up to the investing public even if warning signs abound that things are getting a bit too hot.

For startups, this is nearly all good news. Excited public markets for tech shares make private shares appear more valuable, and desirable. Public rallies can help advance IPOs, and acquisitions. So today’s news is that Apple is now sufficiently rich to shame Croesus, means that your friendly, local startup might be able to close that next round at a price that it likes.

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Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

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Best Tech DealsBest Tech DealsThe best tech deals from around the web, updated daily.

White Wireless Charge Lamp | $18 | Amazon | Clip coupon + code ABC88699
Black Wireless Charger Lamp | $20 | Amazon | Promo code ABC88699

When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.

With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!

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Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.

This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.

You can snag the black version for $20 using the same code—no coupon though, sorry.

Don’t sleep on this deal! Who knows how long stock or the coupon code will last?

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Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F

It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.

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That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.

Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.

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Grab this offer while it’s still around!


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Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

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You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!

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