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‘Stocks Go Up and Down’

Apple’s market cap touched $5 trillion today, only the second company (after Nvidia) to reach this lofty milestone. It came after Apple briefly reclaimed the “most valuable company” crown from Nvidia last week.

It brought to mind Steve Jobs’ quote from when Apple first surpassed Dell’s market cap in 2006, and again when it topped Microsoft in 2010:

Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today.

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