Apple surpassed Microsoft at the close of the U.S. stock market and regained the throne of the world’s largest company by market value. This is indeed an important milestone. This change may reflect investors’ confidence in Apple’s growth prospects and its layout in the field of artificial intelligence. Apple’s investment and development in artificial intelligence, especially its integration in products and services, may become an important driving force for its market value growth.
This is indeed a remarkable moment! Apple was able to reach this important milestone in part due to the continuous rise in its stock price in recent days, especially the cumulative increase from the 11th to the 13th, which was the largest increase since August 2020. At the close of Thursday, Apple’s market value reached 3.285 trillion US dollars, while Microsoft’s was 3.282 trillion US dollars. This slight gap was enough for Apple to regain its position as the world’s largest company by market value. This reshuffle of market value rankings reflects the dynamic changes in the Wall Street stock market and also shows investors’ optimism about Apple’s future development prospects.