Apple Hits Record High, Overtakes Nvidia as World's Most Valuable Company
Apple shares touched an all-time high Friday, overtaking Nvidia in market capitalization just 52 days into new CEO John Ternus's tenure, even as the broader market sold off.
What we know
An account on X first flagged AAPL touching its record high up 0.4%. @CoinbaseMarkets framed it as AAPL overtaking NVDA as the world's most valuable company in only 52 days under Ternus. Another account on X reacted bullishly: 'Honestly what could go wrong if we just bought $AAPL and $NVDA and held until we die?' Meanwhile semiconductor ETFs $SOXX and $SMH dropped 5-7% to 200MA targets, and another account on X in crypto general called out the paradox of widespread bearishness while 'the 2nd largest company in the world makes fresh ATHs.'
Sources
“Only 52 days into John Ternus's tenure as CEO, Apple overtakes Nvidia to become the world's most valuable company”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.