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Apple (AAPL.O) closed Friday with a market value of $5.03 trillion, surpassing NVIDIA (NVDA.O) at $4.93 trillion to become the world’s largest listed company for the first time since late July. Apple shares fell 1.2% while NVIDIA dropped 4.2%. Recent

2026-10-31

Apple (AAPL.O) closed Friday with a market value of $5.03 trillion, surpassing NVIDIA (NVDA.O) at $4.93 trillion to become the world’s largest listed company for the first time since late July. Apple shares fell 1.2% while NVIDIA dropped 4.2%. Recent results from Intel (INTC.O) and Amazon (AMZN.O) have heightened investor concern over returns on large AI capital expenditures; Alphabet (GOOG.O) and Meta Platforms (META.O) faced earlier selling. Apple’s relatively restrained infrastructure spending and stronger free cash flow have underpinned its resilience amid the tech sell-off. Year-to-date Apple is up about 27%; NVIDIA is down over 10% in the past month.

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