WS #12928
Apple briefly surpasses $5 trillion market cap, becoming second company after Nvidia, driven by Upgrade leasing program and AI strategy. Nasdaq slides as chip stocks (Micron, Marvell) fall on AI infrastructure spending doubts, while Dow rises on Boeing and Coca-Cola earnings.
Apple Hits $5 Trillion Market Cap
Apple briefly surpasses $5 trillion market cap, becoming second company after Nvidia, driven by Upgrade leasing program and AI strategy.
Nasdaq slides as chip stocks (Micron, Marvell) fall on AI infrastructure spending doubts, while Dow rises on Boeing and Coca-Cola earnings.