Apple moves ahead of Nvidia to reclaim world's highest market value

Investors sought the perceived safety of the iPhone maker amid concerns about artificial intelligence spending, according to Bloomberg, which said the change occurred Friday. AppleInsider reported that iPhone demand helped support Apple through a week of broad losses in technology stocks, allowing it to regain the top ranking.

Covered by 2 publishers within an hour of the first report.

• Bloomberg: Apple Overtakes Nvidia to Become World’s Most Valuable Company

Reporting2

AI AppleInsider iPhone demand sees Apple topple Nvidia as most valuable company, again · William Gallagher 4:04 PM

BL Bloomberg Apple Overtakes Nvidia to Become World’s Most Valuable Company · Jeran Wittenstein and Ryan Vlastelica 4:28 PM

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Topics AppleiPhoneNvidia