Apple (AAPL.US) market cap tops $5 trillion for the first time! The world's second company after Nvidiawhy is the market still buying so aggressively after Cook hands the baton to Ternus?

Zhito Finance APP has learned that on Wednesday in the U.S. stock market, Apple (AAPL.US) closed up 0.5% at $342.96, successfully surpassing a market capitalization of $5 trillion. This is the first time in Apple's history that it has closed above this historic threshold. Previously, the company had touched this threshold six times during intraday trading but failed to hold it each time, including a pullback after briefly surging to about $5.036 trillion intraday on July 28 this year. Although the stock price pulled back somewhat on Thursday, this does not prevent Apple from becoming the second company globally, after Nvidia (NVDA.US), to reach this market capitalization milestone.