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via finance.yahoo.comMarkets

Apple overtakes Nvidia to become world's most valuable company

FROM THE WIRE · FINANCE.YAHOO.COM

(Bloomberg) -- Apple Inc. reclaimed the title of world's most valuable company on Friday, taking the mantle from Nvidia Corp. as investors seek the perceived safety of the iPhone maker amid concerns about artificial intelligence spending. Most Read from Bloomberg Binance…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralThe switch reflects a rotation toward perceived safety among tech mega-caps amid AI spending concerns.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Apple closed Friday at a $5.03 trillion market cap after falling 1.2%.
  2. 02Nvidia sank 4.2% to a $4.93 trillion valuation.
  3. 03It is the first time since late July that Apple has overtaken Nvidia.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Apple Inc.AAPLStock344.63 USDMarket closedtoday -1.23%Negative NVIDIA CorporationNVDAStock204.64 USDMarket closedtoday -4.22%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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