Apple will host its annual WWDC event on June 10. The company is widely expected to show off its long-anticipated generative AI features.
Tech giant Nvidia (NVDA) briefly saw its valuation surpass the $3 trillion mark this week, temporarily dethroning Apple (AAPL) as the second most valuable company in the world. This achievement cements Nvidia's position alongside tech titans Microsoft (MSFT) and Apple as the only companies to have attained such a feat. As Apple and Nvidia engage in a tug-of-war for the second-place spot, questions arise about which company can sustain such an enormous valuation over the long term. Yahoo Finance's Madison Mills and Seana Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
(Updated - June 7, 2024 11:18 AM EDT)