Apple's Vision Pro VR headset drives stock to record high.

Apple Inc. shares closed at an all-time high of $183.79, the first in over a year, indicating the dominance of big tech in the stock market. The stock has gained over 41% in 2023, compared to the Nasdaq 100 Index's 35% gain. Apple's strong balance sheet, capital-return program, and durable revenue streams have made it a favorite among investors. The company's plans to expand and revitalize its retail chain have also boosted investor optimism. Apple's market capitalization of $2.89 trillion puts it within striking distance of achieving a historic $3 trillion valuation.