CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

🍏 Apple smashes $500 barrier ⚔🏆

13:33 24 August 2020

Apple stock (AAPL.US) is soaring again on Monday, smashing through the $500 barrier for the first time ever. It took the company 38 years from the IPO to be in the $1 trillion club, then less then 2 years to be the first $2 trillion stock and then it added more than $100 billion on Friday alone! Apple is surging as markets expect Fed to propel stock market higher but the price to sales ratio for the company is now above 6 vs around 3 for the past decade.

Apple is doing the heavy-lifting the whole US market. The company is responsible for nearly 50% of August gain of US500 and over 60% of US100!!! Both indices are trading at their all-time highs.

Start investing today or test a free demo

Open account Try demo Download mobile app Download mobile app

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back
Xtb logo

Join over 935 000 investors from around the world