Apple Reclaims Title as World's Most Valuable Company, Surpassing Microsoft with $3.24 Trillion Valuation

Jun 12, 2024, 02:10 PM

Apple Inc. has overtaken Microsoft Corp. to reclaim its position as the world's most valuable company. This change comes as Apple shares surged nearly 2% to $211.10, pushing its market valuation to $3.24 trillion. The resurgence is attributed to recent AI announcements made at Apple's Worldwide Developers Conference (WWDC24). Apple's stock extended gains, last up 3.8%. Apple also surpassed NVIDIA to become the largest public company in the world.