On November 10 local time, Apple's share price soared by $190.9 billion, the largest single day increase in the market value of an American listed company in history. The US inflation data for October released on the same day was lower than expected. CPI rose 0.4% month on month and 7.7% year on year in October, boosting the stock market. The US dollar fell the most since March 2020. According to data compiled by Bloomberg, Apple's daily growth rate exceeded Amazon's record of $190.8 billion in market value growth in February this year.
