Apple's $108.44 Billion Trading Volume Lands Fifth in Market as EU Fines Tech Giants

On April 23, 2025, Apple's trading volume reached $108.44 billion, ranking fifth in the day's stock market. Apple (AAPL) rose by 2.43%, marking two consecutive days of gains, with a total increase of 5.92% over the past two days.

On Wednesday, the European Union's antitrust regulators imposed fines on Apple and Meta, totaling 500 million euros and 200 million euros respectively. These fines are part of the EU's ongoing efforts to enforce compliance with the Digital Markets Act (DMA), a landmark European antitrust law passed in 2022. The EU's actions come amid increasing scrutiny of Big Tech companies and their practices.

Apple was specifically fined for non-compliance with the DMA, which aims to ensure fair competition in the digital market. The EU's spokesperson emphasized that the fines are proportionate to the violations committed by the companies. This move by the EU is seen as a significant step in regulating the behavior of major tech firms and promoting a more competitive digital landscape.