Apple closes in on Nvidia in race for world’s most valuable company

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Apple has officially overtaken Nvidia to become the most valuable company in the world. This shift follows a period where Apple closed the valuation gap to approximately $20B. The rally was primarily fueled by increasing iPhone demand and positive earnings expectations. This movement marks a significant transition in market leadership, as Apple leverages its hardware ecosystem to surpass the valuation of Nvidia in the global race for the top financial position.
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