Apple has moved back to the top of the global market capitalization rankings after surpassing Nvidia, according to market data cited by TechFlow on July 17. Bitget data showed Nvidia fell 3.2%, cutting its market value to about $4.86 trillion, while Apple climbed to roughly $4.90 trillion. That shift put Apple back in the No. 1 position worldwide.
The figures also pointed to a sharper recent trend in Apple’s favor. Apple’s year-to-date gain reached 22.8%, and its advance over the past 20 days stood at 11.2%. Nvidia, by contrast, was nearly flat over the same 20-day period at -3%. The comparison suggests Apple has recently outperformed the broader market and shown stronger short-term price momentum than Nvidia.
TechFlow described the change as Apple’s return to the top spot after three months.
Apple has retaken the No. 1 position in global market capitalization after overtaking Nvidia, according to Bitget market data cited by TechFlow on July 17.
The data showed Nvidia fell 3.2%, bringing its market value down to about $4.86 trillion. Apple, helped by a strong recent rise, reached about $4.90 trillion in market capitalization and moved back to the top of the global rankings.
Bitget data also showed Apple is up 22.8% year to date and 11.2% over the past 20 days. Nvidia was nearly flat over the same 20-day span at -3%, indicating weaker short-term momentum than Apple.
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