(June 8) Big tech stocks gained. Apple, Amazon rose over 1%.
Apple could hit a $3 trillion market capitalization in 2022, according to Wedbush analyst Dan Ives. The iPhone maker's shares are down about 5% year-to-date and earlier this year, investors dumped the company's stocks following a historic December quarter. Apple is the world's most valuable company with a current market cap of around $2.1 trillion.