Apple closes above $5 trillion market value for first time

WSJ · 23 hours ago
  • Apple closed at a record on Wednesday, pushing its market capitalization to $5.005 trillion, per Dow Jones Market Data.
  • Apple had surpassed $5 trillion six times previously in intraday trading but had never closed above that level before Wednesday.
  • Apple is the second company to close above $5 trillion, after Nvidia.
  • The milestone caps the Tim Cook era and puts an implicit challenge to new CEO John Ternus to raise Apple's AI game.