Apple surpassed Nvidia to become the world's most valuable company for the first time since April 2025, with a market cap of $4.95 trillion compared to Nvidia's $4.77 trillion. Nvidia's shares fell 5% due to investor concerns over high AI-related costs, while Apple’s shares rose 1% ahead of its upcoming earnings report. Nvidia had held the top spot since June 2025 and briefly reached a $5 trillion valuation in October. Apple's more cautious approach to AI spending, favoring renting capacity over heavy capital expenditures, has helped it outperform Nvidia and the broader market so far in 2026. Apple is expected to discuss the financial impact of the global AI-driven memory chip shortage in its upcoming earnings, which has led to price increases for some products.
After being forced out of Apple in 1985, Steve Jobs invested $10 million to acquire Pixar's graphics division from George Lucas. Despite early struggles and financial challenges, Pixar's success with Toy Story in 1995 turned Jobs into a billionaire o...
On October 22, 2026, 337 out of 497 S&P 500 stocks rose, yet the index closed lower due to heavy losses among major tech companies like Meta Platforms, NVIDIA, Apple, and Alphabet. Meta's earnings miss and costly legal settlements weighed on the inde...
Apple's stock hit a record high on the launch day of its foldable iPhone Duo, briefly making it the world's most valuable company with a market cap of about $5.1 trillion, surpassing Nvidia. Despite strong demand and sold-out preorders, limited suppl...
Apple launched its first foldable iPhone, the $1,999 iPhone Duo, receiving praise for its sleek titanium design, smooth hinge, and reduced screen glare. However, critics highlight its heavy and bulky build, visible screen crease, camera compromises, ...
Apple's stock has risen 28% this year, matching the overall technology sector and outperforming rivals Microsoft and Alphabet. This surge is largely fueled by strong early demand for the new iPhone Duo, which has also boosted Apple's growing services...
