Apple’s market value briefly exceeded five trillion dollars on Tuesday. This milestone was achieved after the company regained its position as the world’s most valuable public company. Unlike rivals, Apple rents AI infrastructure, preserving its strong cash flow. This strategy contrasts with competitors facing increased debt and negative free cash flow. Apple’s stock has seen significant gains this year, outperforming Nvidia.
Related Posts
‘Not a minor mistake’: Kejriwal writes to 29 automakers over E20 fuel, flags ‘contradictory’ claims
Arvind Kejriwal has written to 29 automobile manufacturers seeking clarification on E20 fuel. He wants written assurance regarding mileage and…
Why’s CJI not on panel to pick CEC, Supreme Court asks government
The Supreme Court questioned Parliament’s decision to exclude the Chief Justice of India from the selection panel. Justices noted the…