Apple briefly surpasses $5 trillion market cap, second company to reach milestone

economictimes.indiatimes.com

Apple briefly surpassed $5 trillion in market capitalization on Tuesday, becoming the second company ever to reach this valuation. The milestone was achieved during trading hours, a day after Apple overtook Nvidia to reclaim its spot as the world's most valuable company. Investor confidence is high due to optimism surrounding Apple's products and services. Nvidia is the only other company to have crossed the $5 trillion mark, which it first achieved in October. Apple's stock has risen nearly 25% this year.


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