Apple (AAPL) Market Cap Hits Record $5 Trillion, Overtakes Nvidia as Smart Home Expansion Looms

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2026-07-28 15:12:16

Apple Inc. (AAPL) soared to a historic $5 trillion market capitalization in early trading Tuesday, briefly surpassing AI juggernaut Nvidia (NVDA) and cementing its status as the world's most valuable company. The stock hit $5.04 trillion at the open before paring gains to settle around $4.96 trillion, while Nvidia traded at $4.75 trillion. The milestone comes as Apple prepares its boldest push yet into the smart home sector, planning a Siri AI-powered home hub alongside refreshed Apple TV and HomePod mini devices. With a strong earnings streak and bullish market performance, AAPL's record cap signals deepening investor confidence in its pivot toward AI-driven hardware and ecosystem dominance.

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