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Apple and Microsoft closed at fresh all‑time highs, pushing their market capitalizations past five trillion dollars. The rally followed strong demand for Apple’s iPhone 17 and Microsoft’s cloud services, which continue to dominate the hyperscale sector. Investors noted that Apple’s market cap now rivals Nvidia’s, while Microsoft’s shares gained one point six percent in early trading. The surge reflects broader confidence in technology infrastructure and AI‑driven cloud computing, with analysts projecting sustained growth. The record highs come after a series of milestones: Apple topped the four trillion dollar mark in late October 2025, and by late July 2026 it surpassed five trillion. Microsoft’s valuation climbed steadily, reaching a new peak in early August 2026. Together, the two giants now represent a significant portion of the U.S. equity market, underscoring the sector’s influence on economic momentum.

By Marcus E. | JQJO News