Apple nears $5T market cap alongside Nvidia
Apple has become the second company in history to achieve a $5 trillion market valuation, following a surge in its shares that briefly pushed its market cap above this level. The company’s stock climbed as much as 1.8% after trading opened, making it the world's largest firm by market capitalization, surpassing Nvidia. Apple’s market value positions it ahead of Nvidia, Alphabet, and Microsoft, with recent stock increases driven by demand for its products and strategic initiatives like a new iPhone leasing program.
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