Apple Overtakes Nvidia: iPhone Duo Launch Pushes Apple Market Cap Past $5 Trillion
Photo: Coinpedia
Apple has reclaimed its place as the world’s most valuable listed company, pushing past Nvidia as its shares hit record highs on Friday. Apple stock climbed above $351 during the session, lifting its market value to about $5.12 trillion. Nvidia slipped to second place with a valuation near $5.06 trillion, followed by Google. The change in rankings reflects diverging recent performance. Apple shares have gained about 3% over the past month, while Nvidia has dropped 6% as investors grow wary of heavy AI spending.
Source: Coinpedia
