Apple Reaches $5 Trillion Market Cap, Second Company to Achieve Milestone
Apple's market capitalization briefly surpassed $5 trillion, making it only the second company in history to reach this valuation after Nvidia. This milestone was achieved amidst a broader sell-off in chip and AI stocks.
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Chip Selloff, SpaceX, and Apple's $5 Trillion Milestone | Bloomberg Tech 7/28/2026
Bloomberg’s Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China's chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX shares erase a fifth of their value since the record-setting debut of Musk's company, as investors start to avoid riskier tech firms. And, Apple briefly becomes just the second company ever to achieve a $5 trillion market valuation. (Source: Bloomberg)
Read full article →Apple tops $5tn valuation for first time
Tech giant gains due to its lack of huge spending on AI and as investors seek havens from sell-off in chip sector
Read full article →Apple becomes second ever $5tn company as investors flee AI stocks
Share price rally driven by strong product demand as well as decision to sit out AI spending race, amid wider tech sell-off Apple has become only the second company to pass the $5tn valuation mark, as it benefited from investors fleeing AI and semiconductor stocks amid a wider tech sell-off. The iPhone maker’s shares hit a session high of $342.89 on Tuesday, giving it a market capitalisation of $5.04tn (£3.78tn), then eased back to 0.9% up at $339.91 – just above the $5tn mark. Continue re...
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Read full article →Apple touches $5 trillion market cap for first time
The jockeying between Apple and Nvidia reflects a debate about the future of AI that has preoccupied investors this summer.
Read full article →Apple Briefly Surpasses $5 Trillion Market Value—Joining Nvidia
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Read full article →Apple briefly becomes second company ever to notch $5 trillion market value
Read full article →Apple briefly becomes second company ever to notch $5 trillion market value
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