Friday, October 23, 2026 Independent US tech newsroom
LexxWire US Tech & AI News
Foldable smartphone showing a rising green stock chart on a trading floor desk, illustrating Apple's market value race with Nvidia

Apple retakes most valuable company crown from Nvidia on iPhone Duo launch day

Apple is the most valuable company in the world again. For a few hours, anyway. Shares traded above $351 on Friday morning, an intraday record, pushing Apple’s market capitalization to roughly $5.12 trillion and nudging past Nvidia’s $5.06 trillion, according to figures reported by 9to5Mac and Seeking Alpha. By the afternoon, Nvidia had slipped back in front. The two are the only companies on the planet worth more than $5 trillion, and on Friday they were separated by less than one percent. ...

October 23, 2026 · 5 min · 986 words ·