Apple Takes Back the Top Spot From NVIDIA After Rough Day for AI Stocks

Apple is once again the world's most valuable company, taking the top spot back from NVIDIA after Friday's trading session. Apple shares slipped 1.2% on October 30, leaving it with a market cap of $5.03 trillion, while NVIDIA dropped 4.2% to close at $4.93 trillion. This is the first time Apple has been ahead since it briefly overtook NVIDIA in late July. For context, NVIDIA became the first company to cross $5 trillion almost exactly a year ago, in October…

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