Apple's market capitalization reached $5 trillion, surpassing Nvidia by about $615 billion after Nvidia's shares dropped over 9% due to concerns about tougher AI regulations from a Democratic-controlled Congress. Nvidia, heavily reliant on AI data center revenue, faces greater policy risk, while Apple's iPhone and Services revenue remain largely unaffected. Despite Apple's slower growth outlook, it raised $7.5 billion in bonds to support shareholder buybacks amid rising AI investments. Nvidia trades at a cheaper multiple reflecting these risks, but the valuation gap may narrow depending on future regulatory actions.
Apple trades at USD 340.59 on Pluang as of Nov 06, 2026 20:11 WIB, with a market cap of $5.00 trillion and a 1-day change of -1.04%. Nvidia is priced at USD 189.58, up 4.39% on the day, holding a market cap of $4.39 trillion. Despite the news of Apple’s valuation lead, Nvidia sees more buying interest on Pluang, with 51% buy orders compared to Apple’s 25%.
Apple's business model, which relies on renting server capacity rather than owning data centers, insulates it from potential political risks associated with capital-intensive tech investments. Despite a strong fiscal Q4 with $114.48 billion in revenu...
Apple reported a record September quarter with strong iPhone and Services revenue, beating earnings expectations and returning $28 billion to shareholders. Meanwhile, Alphabet doubled its Cloud revenue but posted a net loss due to equity losses and h...
Apple, Amazon, Tesla, and about 62 other companies have formally objected to having their shares tokenized and traded on a new blockchain stock venue co-owned by the NYSE's parent company. Under SEC rules, companies can block third-party tokenized ve...
Markets experienced sharp declines driven by fears over AI regulation, mixed earnings reports, and economic uncertainty. Qualcomm's weak guidance and handset struggles contrasted with strong gains from Unity and AppLovin, highlighting volatile invest...
Nvidia's stock fell below $200 for the first time since August, closing at $200.13 amid a broader market rally where the S&P 500 and Nasdaq surged. This drop caused Nvidia to lose its position as the world's largest company to Apple, whose market val...
