Kaohoon Morning Brief – 4 January 2022

1) Apple becomes U.S. first company to reach $3 trillion in market cap

Apple Inc. became the first U.S. company on Monday to break the $3 trillion dollar in market capitalization. The share price briefly reached $182.86 per share intraday, resulting in the market capitalization of an American multinational technology company to surge above the $3 trillion mark.

Apple rose 2.5% on Monday to close at $182.01 per share, slightly lower than the threshold to $3 trillion market cap.

 

2) Ford Motor has the highest growth in stock in 2021

Ford’s share price in 2021 jumped 140%, beating Tesla, General Motor and other automakers for the highest growth. The performance of an American multinational automobile manufacturer was on an uptrend under the new direction of an auto veteran Jim Farley, who took the helm in October 2020.

 

3) U.S. shortened time between 2nd and 3rd Pfizer shots amid omicron outbreak

The U.S. Food and Drug Administration (FDA) approved a booster shot for Pfizer and BioNTech to children ages 12 to 15 years old. The FDA also shortened the time between the second dose of Pfizer and the booster shot from six months to five months.

The U.S. is under a serious crisis of the new Covid-19 omicron variant that is highly contagious compared to its predecessor. The World’s largest economy registered a new record high of new daily cases at 585,013 on December 30, 2021.

 

4) Semiconductor sales expected to expand 9% to record high in 2022

2022 is expected to be a flourish year for chipmakers as semiconductor sales are predicted to continue growing by another 9% to a record high of $600 billion, which is higher than $553 billion of sales in 2021, which had expanded 26%, according to a report from trade credit insurer Euler Hermes.