Apple Surges 7.26% to Over $210, Overtakes Microsoft to Become World's Most Valuable Company

Apple Inc. ($AAPL) surged by 7.26% on Tuesday, reaching a record-high close for the first time in 2024, following the announcement of its new AI platform, Apple Intelligence. This significant increase in stock value, including a 2.5% rise, has allowed Apple to overtake Microsoft ($MSFT) and reclaim its position as the world's most valuable company. Apple's stock price reached over $210, peaking at $212 during trading. Apple is now the largest public company globally.