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Apple overtakes Nvidia as most valuable company in the world on iPhone Duo launch day

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Apple overtakes Nvidia as most valuable company in the world on iPhone Duo launch day

Apple overtakes Nvidia as most valuable company in the world on iPhone Duo launch day

Zac Hall | Oct 23 2026 - 6:41 am PT 0 Comments

It’s iPhone Duo launch day around the world, and Wall Street is pleased. Apple reclaimed the title of most valuable company in the world on Friday as it reached new trading highs.

Nvidia previously enjoyed the top spot, based on market capitalization. Apple stock traded above $351 per share on Friday, setting a new intraday trading record for the company.

With a market cap valuation around $5.12 trillion, Apple became the top company in the world once more. Nvidia and Google follow.

As mentioned, today is also the release date for the iPhone Duo, Apple’s $2000 foldable iPhone. You can read our review here .

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