Apple Dethrones Nvidia in Market-Cap Race Toward a $5 Trillion Milestone
Apple reclaimed the title of the world’s most valuable company by market cap, briefly overtaking Nvidia and trading near a $5 trillion valuation as it nears the milestone (intraday around $4.944T). Nvidia had previously crossed $5T first, and the update notes Apple’s ongoing CEO transition from Tim Cook to John Ternus, with Cook’s August departure as CEO while remaining executive chairman.