2 Days
Source:
Sky News
Apple reclaims top global value
Apple has reclaimed its position as the world's most valuable company, with a market valuation of approximately $4.94 trillion, surpassing Nvidia, which reached $4.83 trillion. This comes despite Apple reducing its capital expenditures over the past three quarters, while competitors like Alphabet and Tesla are increasing their investments in artificial intelligence and infrastructure. Apple’s earnings are anticipated to be announced soon, with investors closely watching its plans to expand the "Apple Intelligence" platform without significant increases in spending or margin reductions. This will also mark Tim Cook's final appearance as CEO before transitioning to the board of directors, with John Ternus taking over as the new CEO.
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