Apple Hits $5 Trillion, Overtakes Nvidia
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- Apple became the second company ever to surpass a $5 trillion market cap, crossing the threshold for the first time, per The Guardian and Yahoo Finance headlines.
- Apple regained the top spot as the world's most valuable public company, displacing Nvidia from the position, according to The New York Times.
Why it matters: Apple's $5 trillion milestone, only the second company ever to reach it, flips the recent AI-stock hierarchy by reclaiming the No. 1 ranking from Nvidia — a notable vote of investor confidence in a hardware ecosystem seen as less exposed to the AI-spend doubts roiling chipmakers.
