Nvidia has overtaken Saudi Aramco in market value, making it the world’s third-most valuable public company.
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A steady slide in Apple shares pushed the iPhone maker’s market value below $2-trillion, the latest casualty in the tech stock rout.
Apple surged over 10% to a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker eclipse Saudi Aramco to become the world’s most valuable publicly listed company.
Apple is getting close to overtaking Saudi Arabia’s state-owned oil company in market valuation, a milestone that would make the technology giant the world’s largest company by that measure.