Apple Holds Record High Above $300 After Cook's Beijing Trip

Apple shares are trading at an all-time high above $300 with a market capitalization near $4.4 trillion following CEO Tim Cook's participation in the U.S. delegation to Beijing on May 18. The visit, coinciding with President Trump’s trip, produced positive signals from Chinese leadership that Beijing would “open wider” to foreign firms including Apple, Nvidia, and Tesla. Investors now see reduced tariff risks and more stable supply-chain access in China, supporting the stock’s more than 10% year-to-date gain. Analysts remain cautiously bullish pending concrete policy follow-through.