Apple unseats Nvidia as world's top-valued company
Apple surpassed Nvidia on Friday to become the world's most valuable company, valued at $4.88 trillion compared to Nvidia's $4.86 trillion following a 3.5% decline. This shift indicates a broader investor focus beyond Nvidia, which had dominated for nearly a year, and reflects changing perceptions about Apple's role in the AI sector. The milestone may influence how CEO Tim Cook's tenure is evaluated as he prepares to step down in September.