Apple Retakes Top Valuation Spot as Wall Street Rewards Smart AI Spending

Apple has become the world’s most valuable company for the first time since April 2025, overtaking Nvidia , which had held the top spot since June 2025, Reuters reported Friday (July 17). The iPhone maker was valued at $4.88 trillion Friday, with its shares holding steady, while Nvidia’s valuation declined about 3.5% to $4.86 trillion, according to the report. Apple’s shares have outperformed those of other members of the Magnificent 7 this year, per the report.