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Apple closes above $5 trillion market cap for first time
What happened
Apple shares closed at $342.96 on Wednesday, up 0.5% on the Nasdaq, pushing the company's market capitalization to $5.01 trillion — the first time Apple has closed a session above $5 trillion. Intraday the stock reached $347.07, just 0.31% below its record high of $348.15.
Why it matters & what’s next are part of Pro, along with the audio summary.
Start your free 14-day trialWho’s affected
- AAPL (Apple) — first close above $5T market cap; the milestone underscores investor confidence under new CEO John Ternus. Broader mega-cap tech (NVDA, MSFT, META, AMZN, GOOGL) fell on the same day, making Apple's divergence notable.
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