Apple is the New MVC: Most Valuable Company
Apple hit the mark for the most valuable company in the world Wednesday, overtaking Microsoft at the top with a market cap of $3.33T. Just last week, $NVIDIA (NVDA.US)$ overtook $Apple (AAPL.US)$ for the position of #2 in excitement for the stocks 10-1 split Monday. Apple made its own news Monday, when the firm introduced new AI software in a showcase, promising GTP 4 for Siri and Mac products this summer.
The stock climbed 12% in two days after investors sold the initial news.
Apple also showed off its language model tech would work on device or on the cloud through Apple chips, as opposed to the Nvidia processors the rest of the world uses.
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Moomoo News and Community Manager
Moo moo News and Community Manager, NJ Office.
Fmr CNBC contributor, reporter/investor/trader
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