Tech Titans Hit Stratospheric Highs: Apple & Microsoft Smash $4T, Nvidia Eyes $5T Amid AI Frenzy
Apple’s market cap hit $4.005 trillion on Oct. 28 as shares reached $269.89, becoming the third U.S. company to cross $4T. Microsoft ended the day at $4.04 trillion, while Nvidia neared $5 trillion after announcing $500 billion in AI chip orders. Tech stocks drove the Nasdaq and S&P 500 to record highs. Analysts cite strong iPhone and cloud demand, but some warn valuations may be overheating.