AIWall Street Journal1h ago

Apple closes above a $5T market cap for the first time, the second

Apple closes above a $5T market cap for the first time, the second company after Nvidia to do so; Apple had crossed $5T six times intraday previously

TL;DRApple closed above $5 trillion market value for the first time ever.

Why it matters: Signals investor confidence in AI strategy; only Nvidia has previously sustained this valuation level.

To power Apple's next phase, CEO John Ternus needs to raise Apple's AI game — Apple became the second company to close above …

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Source: Wall Street Journal · Opens in new tab