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.
Following Nvidia CEO Jensen Huang's resignation, former U.S. President Donald Trump proposed Tim Cook, Apple's Executive Chairman and former CEO, as a potential successor. Cook, who led Apple for 15 years before stepping down in September 2026, is pr...
Roundhill Investments has launched the Roundhill Magnificent Seven Plus ETF (MAGP), the first ETF to include the original Magnificent Seven tech giants alongside Anthropic, OpenAI, SpaceX, and Broadcom. This ETF offers investors exposure to leading A...
China Renaissance upgraded Apple from Hold to Buy with a $425 price target, citing a record $114.5 billion Q4 revenue and all-time high Services revenue. This reversal follows an earlier downgrade due to slower Services growth and margin pressures. O...
