- BIST10012,094-0.20%
- USD49.39+0.05%
- EUR55.30+0.16%
- GOLD4,175.40+1.64%
- INTEREST37.00%-1.00
- BITCOIN80,912-0.81%
- October 15, 202615°
- BIST10012,094-0.20%
- USD49.39+0.05%
- EUR55.30+0.16%
- GOLD4,175.40+1.64%
- INTEREST37.00%-1.00
- BITCOIN80,912-0.81%
- October 15, 202615°
Apple closes above $5 trillion for the first time as tech stocks slide
On Oct. 14, as the Nasdaq suffered its worst day since July, Apple shares bucked the trend and the company’s market value closed above $5 trillion for the first time.
Apple swam against the tide on Wednesday, Oct. 14, as technology shares were hit by heavy selling on U.S. markets. The iPhone maker’s stock rose about 0.5% to a record close of $342.96, lifting its market value to roughly $5.01 trillion.
That makes Apple only the second company in history to end a trading day above $5 trillion, after Nvidia first did so in October 2025.
Standing out in the sell-off
The same day the Nasdaq Composite fell 1.88%, its worst session since July 23, while Nvidia lost about 3.2% and Microsoft about 1.8%. Nvidia remains the world’s most valuable company at about $5.3 trillion.
According to The Wall Street Journal, Apple had topped $5 trillion during trading six times before without holding the level into the close. It first crossed the mark intraday on July 28.
First big record of the Ternus era
The record came about six weeks after John Ternus took over as CEO from Tim Cook on Sept. 1. The Wall Street Journal said the milestone caps the Cook era.
Spotted an error in this story?Report it on WhatsApp
Share on all social platforms
Sponsored Ads
Featured Listings
Loading featured properties...
Stay Updated with The Turkiye Times
Subscribe to be informed about special news, developments and announcements. We will keep you informed.
By signing up, you agree to our Privacy Policy
