Hold onto your AirPods, tech fans! Apple just pulled off a major power move, reclaiming its crown as the world's most valuable company with a jaw-dropping $3.29 trillion market value. 🌍💰 This comes after unveiling its AI-packed iPhone upgrades, sending shares soaring nearly 4% to a record high.
The tech titan overtook Microsoft, which now sits at $3.24 trillion, marking the first time since January that the Windows maker has been dethroned. Analysts say Apple's 'Apple Intelligence' reveal at its developer conference—think Siri 2.0 and smarter apps—has investors buzzing about an iPhone supercycle. 📱✨
\"Apple just schooled everyone on AI,\" said Wedbush analyst Michael James. \"This upgrade wave could be *huge*.\" Though the company had lagged behind rivals like Microsoft and Google in AI earlier this year, its $110 billion stock buyback plan and stronger-than-expected earnings flipped the script. 💡
Meanwhile, Nvidia—the AI chip champ—is still up 154% this year but trails Apple's valuation at $3.11 trillion. And poor Tesla? Down 30% in 2024. Yikes. 🔌
With Nasdaq hitting record highs amid cooling inflation, the AI gold rush is far from over. Who's next to join the $3 trillion club? 👀
