Apple reclaimed the title of the world's most valuable company on Friday, overtaking Nvidia. Investors are turning to the relative safety of Apple, the iPhone maker, amid concerns over AI spending. Apple shares fell 1.2% on Friday, bringing its market value to $5.03 trillion, while Nvidia dropped 4.2% to close with a market value of $4.93 trillion. This marks the first time Apple has overtaken Nvidia again since briefly surpassing it in late July.
