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Apple Touches USD5T Market Cap for First Time
29 Jul 2026 08:21
After Apple Inc. (AAPL.US) exceled NVIDIA Corporation (NVDA.US) on Monday (27th) to become the world's most valuable company by market cap, its market value briefly touched USD5 trillion for the first time on Tuesday (28th).

Apple's stock once reached a high of USD342.89 before trimming gains to close at USD340.08, up 0.94%. Apple shares have cumulatively gained 25% YTD.

Last year, the market was concerned that Apple's controlled investment scale, coupled with the delayed launch of the long-awaited upgraded Siri version, which will be released together with new iPhone hardware in autumn 2026, could cause the company to miss the AI boom and lag behind other trillion-dollar market cap peers.

However, market sentiment has recently shifted as investors focus on the substantial debt accumulation and negative cash flow among companies aggressively investing in technology, without a clear path to high returns.

In fact, while major technology companies including Alphabet Inc. (GOOGL.US), Amazon.com, Inc. (AMZN.US), Meta Platforms, Inc. (META.US) and Microsoft Corporation (MSFT.US) are collectively splurging hundreds of billions of US dollars in capex this year to advance AI infrastructure, Apple has maintained relatively low capex and relied on Google's cloud infrastructure and AI technologies.
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AASTOCKS Financial News
Website: www.aastocks.com
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AMZN (P) 11137 180 (-) 0.094 5.6 X
META (C) 11069 830 (-) 0.022 15.4 X
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MSFT (P) 11064 390 (-) 0.385 7.0 X

 

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