Apple Could Reclaim Market-Cap Crown Today

Apple shares hit a new intraday record and are on pace to overtake Nvidia as the largest U.S. company by market capitalization, with Apple valued around $4.95 trillion versus Nvidia’s $4.8 trillion in late-morning trading. The stock reached $339.50, putting Apple just below the $340.43 level needed to cross the $5 trillion mark. The move underscores continued momentum in mega-cap tech and highlights investor attention ahead of Apple’s earnings on Thursday. The article also notes broader market weakness in chip stocks, which is weighing on the Nasdaq, while Apple stands out as the only Magnificent Seven name near a fresh record high.