NVIDIA takes the crown from Apple as most valuable company

Posted: Jan 21, 2025

  • Nvidia (NVDA) reclaimed its title as the world's most valuable public company
  • Apple's stock (AAPL) slid, resulting in Nvidia holding a higher market cap of $3.45 trillion compared to Apple's $3.33 trillion
  • Jefferies downgraded Apple's stock rating to "Underperform" due to weak iPhone demand and expectations of missing earnings
  • Demand for Apple's rumored iPhone SE 4 is cautious, and analysts expect limited hardware upgrades and weak sales for the new model
  • iPhone shipments were down around 4% year over year, with sales in China seeing a significant decline.




Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!