Apple is the most valuable company in the world, again

Apple has reclaimed the title of the world’s most valuable public company, with its market cap rising to about $4.9 trillion.

Nvidia slipped to roughly $4.8 trillion after a 5% drop, reflecting investor caution around stretched AI valuations.

The move suggests Wall Street is favoring Apple’s steadier business model and disciplined capital management over the AI buildout trade.

The article also notes expectations that Apple’s next leadership team will continue Tim Cook’s measured approach.