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Apple's Record Close Brings Market Cap to $775 Billion

Apple’s stock finished Monday at a new record close, rising more than 2.7 percent to $133, and hitting a market cap of nearly $775 billion.

Apple shares saw a morning tear after Barron’s predicted over the weekend that the stock could return 25 percent in a year. The company also said Monday it would spend 1.7 billion euros ($1.9 billion) on two European data centers running on renewable energy.

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This article originally appeared on Recode.net.