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CNBC TV18

Apple retakes top spot with $4.95 trillion market cap as Nvidia slips to $4.77 trillion

AI Market Summary
News flow is dominated by a sharp oil selloff: Brent fell below $88 after an 8.7% drop as US-Iran talks raised expectations of easing supply constraints. The move can quickly reprice energy-linked equities, inflation expectations, and rates sensitivity ahead of the Fed decision. Separately, Apple retook the top market-cap spot as Nvidia slid 5%, highlighting leadership rotation risk in mega-cap tech.
Impact level
● High
Affected assets
NCCO1OILBRENT2USD/USDT-2.84%
AI Insight · NCCO1OILBRENT2USD/USDTAI Insight
● Neutral
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Apple’s market value rose to $4.95 trillion, overtaking Nvidia at $4.77 trillion to regain the position of the world’s most valuable company. Nvidia shares fell 5% in the session. In commodities, oil prices slid sharply on progress in U.S.–Iran talks, with Brent falling below $88 a barrel after an 8.7% drop and WTI hovering near $82.
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