Apple hits $5tn value as investors rotate out of AI stocks
On July 28, 2026, Apple briefly became only the second company in history to pass a $5 trillion market capitalization as its shares hit an intraday high of $342.89. The Guardian reports that the move came while chipmakers and AI‑exposed stocks sold off sharply on renewed worries about AI capex and competition from cheaper Chinese rivals.
Source: The Guardian

