Apple Hits $5T Market Cap, Passes Nvidia
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- Apple topped $5 trillion in market capitalization for the first time, becoming only the second company ever to reach that milestone.
- Apple passed Nvidia to end the day as the world's most valuable company, per CNBC, while Barron's warned that investors may be "too complacent" about the stock's resurgence.
Why it matters: Apple reclaiming the top valuation from Nvidia — and crossing a threshold only Nvidia had previously reached — underscores how concentrated mega-cap tech valuations have become, even as Barron's flags potential investor complacency at the milestone.
