Apple Valuation Tops $700 Billion

Apple Valuation Tops $700 Billion

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Interactive Video

Business, Social Studies

University

Hard

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The transcript covers several topics: the U.S. GDP growth rate of 3.9% in the third quarter, marking the best six-month performance since 2003, driven by consumer spending and business investment. Apple reached a market cap of $701 billion, the highest for a U.S. company, with shares up 48% this year. In Ferguson, MO, unrest followed a grand jury's decision not to indict a police officer, leading to violence and arrests. President Obama called for peaceful protests and police restraint. Lastly, Phil Falcone stepped down from Harbinger Group to focus on his hedge fund, known for its success during the financial crisis.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did President Obama urge the protesters to do?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What type of investments does Harbinger Group own stakes in?

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