Apple Takes Large Lead in Global Market Cap Race
Briefly

Since March, Apple has made two moves that have encouraged investors. Its iPhone 16 is an early success. It finally widely released its AI flagship known as 'Apple Intelligence' as part of its new iOS 18. The outlook Apple gave when it released its most recent quarterly numbers was encouraging. These have pushed Apple's shares up 33% this year, compared to the S&P 500's 25% gain.
Year to date, Microsoft shares are up only 14%. Its earnings were a disaster. Its forecast, in particular, caused the largest sell-off in the stock in the past two years.
Read at 24/7 Wall St.
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