Apple has reclaimed the top spot as the world's most valuable company, with its stock price briefly surpassing the $5 trillion market cap mark, posting a roughly 25% gain year-to-date.

According to market data from BIT (bit.com), Apple Inc.’s stock price hit an intraday record high of $342.89 on Tuesday, with its market capitalization briefly crossing $5 trillion, making it the second listed company in history to reach this milestone. By the close of trading, Apple’s stock stood at $340.08, with its market cap slightly below $5 trillion, yet it remains the world’s most valuable listed company. Year-to-date, Apple’s stock has risen approximately 25%, outperforming most large-cap tech stocks. Market analysts note that investors are reassessing AI investment logic: compared to peers like Microsoft, Alphabet, and Amazon that are ramping up capital expenditures on AI infrastructure, Apple has gained market favor due to its lower capital outlays, end-user AI strategy, and service ecosystem advantages. Additionally, Apple recently received approval to launch Apple Intelligence features in China in partnership with Alibaba and Baidu, and has rolled out the "Upgrade" hardware leasing program. The market is widely anticipating Apple’s quarterly earnings report to be released this week, which will also mark the last earnings call led by Tim Cook as CEO.