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Here's How Much Apple Stock Has to Gain to Overtake Nvidia as the Most Valuable Company in the World. Hint: It Could Happen by the Time You Read This.
The Motley Fool·
Apple is on the verge of reclaiming its position as the world's most valuable company, needing less than 1% gain to surpass Nvidia. With a market cap of $4.89 trillion versus Nvidia's $4.91 trillion, Apple has gained momentum with a 12% monthly increase while Nvidia declined 4%. The market favors Apple's cautious approach to AI through partnerships rather than massive spending, while concerns grow about Nvidia's valuation given already-priced-in growth expectations.
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