Apple Briefly Hits $4 Trillion Market Value

Benzinga

Apple briefly hit a $4 trillion market valuation before closing just below at $3.99 trillion, marking a rebound driven by strong iPhone 17 demand and favorable court rulings. Despite lagging in AI compared to peers like Nvidia and Meta, shares have gained over 5% in a month ahead of Thursday’s earnings report.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Apple briefly became the third company to reach a $4 trillion market value on Tuesday

00:06before closing the day just below that mark at $3.99 trillion, according to NBC News.

00:11Apple's stock has risen 7.5% in 2025, trailing major pairs like NVIDIA, Alphabet, and Meta.

00:17Best are concerned about Apple's slower progress and artificial intelligence

00:20as contributing to its underperformance, followed into the S&P 500's 18% gain.

00:24Milestone comes as Apple rebounds from a slow start to the year,

00:27lifted by strong iPhone 17 demand, favorable court rulings

00:31benefiting against Google's search partnership, and renewed analyst optimism.

00:35Shares have gained over 5% in the past month, outpacing Amazon and Nata,

00:38and nearly matching NVIDIA's growth.

00:40Analysts expect continued momentum for casting more than $100 billion in quarterly revenue

00:44out of Thursday's earnings report.

00:46For all things money, visit Benzinga.com.

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