Bijie News: Apple’s (AAPL) stock price rose about 3% on Monday, and its market cap reached about $4.94 trillion, surpassing Nvidia to become the world’s most valuable publicly listed company. Nvidia’s market cap is about $4.83 trillion. Since the start of this year, Apple has risen more than 22%, outperforming other major technology stocks. Meanwhile, Nvidia’s stock price fell about 5%, as it faces market concerns about its heavy spending on AI infrastructure. Analysts said Apple has adopted a more cautious strategy in AI spending, avoiding the spending problems that competitors have faced. Apple will release its quarterly earnings report on July 30. The market expects earnings per share of $1.88 and revenue of $108.75 billion.