Apple is taking Wall Street's top spot back from Nvidia — for the fifth time

Jared Blikre Fri, October 23, 2026 at 8:16 AM PDT 2 min read

Apple (AAPL) is taking Wall Street's crown back from Nvidia — for the fifth time.

Apple briefly topped Nvidia in market value on Friday. It's a move Apple has made before, and it has rarely stuck.

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Apple and Nvidia (NVDA) are each worth about $5.1 trillion, and the gap between them was less than 1% at Thursday's close. The flip came alongside a record run for Apple's stock and the day the tech giant's $1,999 iPhone Duo hit stores, capping a battle investors had been watching all morning. Nvidia has since moved back into the lead.

Yahoo Finance

For most of the past decade, this wasn't much of a contest.…