Apple has finally regained the top position as the most valuable company globally.
It briefly topped Microsoft on Wednesday but eased in late trading.
On Thursday, Apple shares rose 0.55% to end the day in the top position with a value of $US3.29 trillion, surpassing Microsoft by $US100 million, whose shares rose 0.12%.
The third trillionaire, Nvidia, had a better day, rising 3.5% to end at $US3.19 trillion. It could rise further to the top if its recent momentum continues.
This is the first time since early last August that Apple has ended a session with a value of more than $US3 trillion. It lost the position 10 months ago when its third-quarter sales performance disappointed investors.
The latest surge (10% plus this week alone) has followed its AI launch on Monday, but the rise was well underway before that announcement. Apple’s shares are up nearly 24% in the past three months.