Saudi Aramco becomes world’s most valuable stock as Apple falls amid tech rout

May 12, 2022 8:28 AM

CHICAGO (BLOOMBERG) – Saudi Aramco overtook Apple as the world’s most valuable company, stoked by a surge in oil prices that is buoying the crude producer while adding to an inflation surge throttling demand for technology stocks.

Source : https://www.straitstimes.com/business/companies-markets/saudi-aramco-becomes-worlds-most-valuable-stock-as-apple-falls-amid-tech-rout