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  1. News
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  3. Business

2 sources·Updated 1h ago

Apple overtakes Nvidia to become world's most valuable company at $5.03 trillion

Apple Inc. reclaimed the title of world's most valuable company on Friday, taking the mantle from Nvidia Corp.

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Full coverage

Image: Hiru News - EnglishHiru News - English•1h agoApple overtakes Nvidia to become world's most valuable company at $5.03 trillion

By Hiru News English

Read on Hiru News - English

Also covered by

Ada Derana•2h agoApple overtakes Nvidia to become world's most valuable company at $5.03 trn

Summary

Shares of Apple fell 1.2 per cent on Friday, resulting in a market capitalization of $5.03 trillion, while Nvidia sank 4.2 per cent to close with a valuation of $4.93 trillion. Its shares are up 27 per cent in 2026, more than twice the gain of second-place Nvidia, which is a key beneficiary of AI spending.

Summarised from Hiru News - English

What this story is about

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

Organisations
  • Meta Platforms Inc2
  • Amazon.com Inc2
  • CoreWeave Inc2
  • Alphabet Inc2
  • Nebius Group2
  • Nvidia Corp2
  • Intel Corp2
  • Apple Inc2
Keywords
  • overtakes2
  • valuable2
  • company2
  • become2
  • mantle2
  • world2
  • most2
  • trillion
  • trn

At a glance

Newsrooms
2
Articles
2
First reported
Oct 31, 10:56 AM
Latest update
Oct 31, 12:05 PM

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