Apple Market Cap Briefly Surpasses $5 Trillion, YTD Gain Hits 25%

Apple stock hit an ATH of $342.89, pushing market cap above $5T briefly. The firm remains the world's most valuable company with a 25% YTD gain.

Woofun AI data shows that Apple's stock price reached an all-time high of $342.89 on Tuesday, momentarily lifting its market capitalization past the $5 trillion threshold. The stock closed at $340.08, keeping Apple as the global leader in market value. Year-to-date, the shares have appreciated by approximately 25%, outpacing most large-cap technology peers.

The company recently secured approval to partner with Alibaba and Baidu for Apple Intelligence in China and launched a hardware leasing program. Investors are anticipating the upcoming quarterly earnings report, which will mark CEO Tim Cook's final earnings call.