The iPhone maker reclaimed its position as the world’s most valuable public company as strong hardware and services revenue, combined with limited spending on AI infrastructure, drew investors fleeing a wider technology selloff

Apple briefly overtook Nvidia as the world's most valuable company with a $4.88 trillion market cap, signaling a shift in how investors price AI

Nvidia had held the top spot as the most valuable company since June 2025, when it took the crown from Microsoft.

Apple briefly surpassed $5 trillion in market value, becoming only the second company after Nvidia to reach the historic milestone.