Apple overtakes Nvidia to reclaim world's most valuable company title at $4.88tn

Apple overtook Nvidia on Friday to reclaim the title of the world's most valuable company, reaching a market capitalisation of $4.88tn while Nvidia fell roughly 3.5% to approximately $4.86tn. The shift in rankings reflects investors reassessing the outlook for artificial intelligence. It is the latest twist in the ongoing rivalry between the two tech giants for the top spot in global market value.