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Apple reclaimed the title of most valuable company in the world on Friday with a market cap valuation around $5.12 trillion. This occurred on the release day for the iPhone Duo, a $2000 foldable iPhone, as Apple stock traded above $351 per share.
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Summary by ByteBrief

Apple closes above a $5T market cap for the first time, the second company after Nvidia to do so; Apple had crossed $5T six times intraday previously (Rolfe Winkler/Wall Street Journal)
Apple Becomes Second $5 Trillion Firm

Nvidia Secures $500 Billion AI Financing