WS #12347
Apple briefly surpassed Nvidia in market cap amid a tech rotation, with Apple raising iPhone prices in Japan by up to 11% due to yen weakness, while Nvidia faces AI profitability concerns. Netflix forecast Q3 revenue and EPS below Wall Street estimates, causing an 8.6% after-hours drop, as growth matures and subscriber gains slow.
Apple Overtakes Nvidia as Most Valuable Company
Apple briefly surpassed Nvidia in market cap amid a tech rotation, with Apple raising iPhone prices in Japan by up to 11% due to yen weakness, while Nvidia faces AI profitability concerns.
Netflix forecast Q3 revenue and EPS below Wall Street estimates, causing an 8.6% after-hours drop, as growth matures and subscriber gains slow.