Apple's closing market value once again surpasses NVIDIA, reclaiming the title of the world's most valuable listed company
The Block
2h ago
Ai Focus
After the close of U.S. stocks on the early morning of October 31st, Beijing time, Apple's market value reached $5.03 trillion, once again surpassing NVIDIA's $4.93 trillion to reclaim its position as the world's most valuable listed company. On that day, Apple's closing stock price fell by 1.2%, while NVIDIA's fell by 4.2%. Although Apple also experienced a decline, its percentage decrease was smaller, which led to a reversal in their market value rankings. This marks Apple's first time at the top again since briefly overtaking NVIDIA at the end of July this year.
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On October 31st, according to IT, after the stock market closed at 4:00 PM on October 30th (which is 4:00 AM on October 31st Beijing time), Apple's market value reached 5.03 trillion US dollars (equivalent to approximately 33.58 trillion yuan at current exchange rates). Following the close, Apple's market value once again surpassed NVIDIA's (4.93 trillion US dollars, or about 32.92 trillion yuan), reclaiming its position as the world's most valuable listed company.

IT Note: After the close of U.S. stocks on October 30th, Apple's closing stock price fell by 1.2%, while NVIDIA's closing stock price dropped by 4.2%. Although Apple's stock price also fell, the decline was much smaller than NVIDIA's, resulting in Apple regaining the top spot in market value. This is also the first time since late July of this year that Apple has once again taken the lead after briefly surpassing NVIDIA.

On July 17, 2026, Apple's market value briefly surpassed that of NVIDIA during trading hours, but NVIDIA overtook Apple at the close of trading, preventing Apple from maintaining its top position. Subsequently, from July 27 to 30, NVIDIA's market value exceeded that of Apple after the market closed each day.

On October 23, iPhone Duo, on the day of their initial public offerings, Apple's market value rose to approximately $5.1 trillion and briefly took the lead. However, NVIDIA still maintained its first place with a market value of around $5.094 trillion (equivalent to about 34.01 trillion yuan at current exchange rates) versus $5.074 trillion (about 33.88 trillion yuan). On October 30, Apple once again surpassed NVIDIA in market value at the close of trading.

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