Baku 18° C
Apple regains title of world's most valuable company
Business
- 31 October, 2026
- 09:47
Add Report.az to preferred Google sources
Stay up to date with the top news!
US technology company Apple has once again become the world's most valuable company, overtaking Nvidia, a US technology company specializing in graphics processing units and artificial intelligence, Bloomberg noted, Report informs.
Apple's market capitalization stood at $5.03 trillion on Friday, compared with $4.93 trillion for Nvidia, Bloomberg said. Apple last overtook Nvidia in late July.
Bloomberg attributed Apple's return to the top spot to investor concerns about investments in artificial intelligence. The news agency noted that investors view shares of the iPhone maker as a more reliable investment.
Latest News
12:27
1 killed, 6 injured in US shooting
Other countries
12:08
2 foreigners die of electrocution at 5-star hotel swimming pool in India
Other countries
11:48
Azerbaijan increases lime production 77%
Industry
11:25
4 killed, 2 injured after massive fire breaks out at shoe factory in India
Other countries
11:07
Anti-Netanyahu bloc said to weigh direct PM elections to break political deadlock
Other countries
10:41
Iran finalises plan to respond to any new attack, official says
Other countries
10:21
Saudi-led coalition says Houthi drone destroyed in Riyadh region
Other
10:05
US, Japan, South Korea sign Arctic pact
Other countries
09:47
Apple regains title of world's most valuable company
Business