The jockeying between Apple and Nvidia reflects a debate about the future of AI that has preoccupied investors this summer.
Apple reached $5 trillion market cap, surpassing Nvidia with 25% annual gain. Market now rewards capital discipline: hyperscalers' billions in AI capex lack proven returns, signaling CIOs and CFOs to question massive infrastructure commitments.
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on Tuesday briefly hit a market capitalization of $5 trillion for the first time, a day after passing Nvidia
to become the most valuable publicly traded company.
Shares of the iPhone maker, which reports quarterly results on Thursday, have jumped 25% this year, outpacing its megacap peers. The stock reached a high of $342.89 on Tuesday before slipping a bit.
While the hyperscalers — Alphabet
Apple's market valuation surpasses $5 trillion for the first time
Apple briefly tops $5 trillion market value for first time
Apple briefly becomes second company ever to notch $5 trillion market value
Apple briefly tops $5 trillion in market value, second after Nvidia; unveils iPhone leasing scheme
Apple briefly tops US$5 trillion market value for first time
Apple tops $5tn valuation for first time to reclaim world’s most valuable company crown
Apple tops $5tn valuation for first time
Apple becomes second company in history to hit $US5trn market value
Apple briefly becomes second company ever to notch $5 trillion market value - The Economic Times
Apple surpasses Nvidia as world's most valuable company
Apple becomes the second company to reach a $5 trillion market cap, joining Nvidia. Here's what the AI-fueled milestone means for…
July 28 : Apple's market capitalization briefly surpassed $5 trillion for the first time on Tuesday, making it only the second…
July 28 : Apple's market capitalization briefly surpassed $5 trillion for the first time on Tuesday, making it only the second…
Apple briefly surpassed $5 trillion in market value, becoming only the second company after Nvidia to reach the historic…
Apple's market capitalisation briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever…
Tech giant gains due to its lack of huge spending on AI and as investors seek havens from sell-off in chip sector
