Apple overtakes Nvidia to become world's most valuable company again

Apple has reclaimed its title as the world's most valuable company, overtaking Nvidia following a shift in market performance on Monday. Nvidia's market value dropped by 5%, while Apple saw a modest 1% increase, pushing Apple's valuation to roughly $4.95 trillion and Nvidia's to about $4.76 trillion.

Nvidia had been the dominant player since June 2025, surpassing Microsoft in value. Apple's last higher market capitalization than Nvidia at the close of trading was in April 2025, according to CNBC.

Other major tech companies like Alphabet (Google's parent company), Microsoft, and Amazon remain in the top five. The highest-ranking Danish company is pharmaceutical firm Novo Nordisk at 80th globally. Among European companies, Dutch chip manufacturer ASML ranks highest at 23rd.

Several of these top-ranked companies, including Apple, Amazon, Microsoft, and Meta, are scheduled to release their earnings reports this week. This upcoming earnings report will be the last under Tim Cook's leadership as CEO; he is set to transition to chairman of the board on September 1, with John Ternus, the current vice president, taking over as CEO. Ternus has overseen hardware development, including the iPhone, iPad, and Mac.