Apple has overtaken Nvidia to become the world’s most valuable company, with a market cap of $4.9 trillion. Apple has reclaimed the world’s most valuable company title at $4.9 trillion, narrowly beating Nvidia’s $4.7 trillion as investors pulled back from AI stocks. Apple briefly crossed the $5 trillion mark, becoming only the second company after Nvidia to do so. Its stock is up about 25% in 2026, compared with an 8% rise in the S&P 500. Apple is back on top, but Nvidia is quite close to take the crown again.
July 29, 2026 294 2