Apple Surpasses Nvidia to Reclaim #1 Market Cap Spot on July 17; Apple at $4.9T, Nvidia Falls to $4.8T

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According to Reuters, Apple surpassed Nvidia on July 17 to reclaim the global market cap leader position. Apple's market capitalization rose to $4.9 trillion with a 0.4% gain at the open of NYSE trading, while Nvidia's market cap fell to $4.8 trillion following a 3.7% decline amid broader semiconductor sector selling pressure.
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