Apple Inc. has regained its position as the world's most valuable company.
Nvidia's stock experienced a sharp decline, reducing its market capitalization significantly. Investors are now favoring companies with strong long-term growth prospects over AI boom beneficiaries.
Apple's recent share surge and China's approval for Apple Intelligence support its valuation. HSBC upgraded Apple's stock, citing an improving operational outlook for the company.
This story was reported by The Times of India. Read the full coverage at The Times of India.
