CatalystTech/AI

Apple is set to retake the market-cap crown from Nvidia, and upcoming earnings may be the trigger. That resets the leadership narrative at the top of the tape: $AAPL gets the print to prove it, $NVDA

Apple's upcoming earnings could push it past Nvidia to reclaim market-cap crown.

Context

What happened: Apple stock is trading near record highs and closing in on Nvidia's market capitalization, with upcoming earnings seen as a possible catalyst for Apple to retake the market-cap crown. Why it matters: Portfolio manager Jeff Kilburg said he thinks the momentum behind the rally could continue.

AAPL

$331.90

-1.90%

NVDA

$206.69

+2.29%

What changed

Apple stock is trading near record highs and closing in on Nvidia's market capitalization, with upcoming earnings seen as a possible catalyst for Apple to retake the market-cap crown.

Why it matters

Portfolio manager Jeff Kilburg said he thinks the momentum behind the rally could continue.

Sources

cnbc