Nvidia Corp. reclaimed the title of the world’s most valuable publicly traded company from Apple Inc. on January 31, 2026, following a sharp drop in Apple shares. According to trading data from the New York Stock Exchange, Nvidia’s market capitalization reached $4.86조달러 at the close, surpassing Apple’s $4.54조달러 valuation after a volatile four-day swing between the two tech giants.
Nvidia Market Cap Rebound and Stock Movement
Nvidia shares jumped 2.93% on January 31, 2026, ending the regular trading session at $200.75 per share, according to market reports. That single-day gain restored the chipmaker’s valuation to $4.86조달러, erasing the temporary deficit that had allowed Apple to claim the top spot just days prior.
Apple Share Decline and Supply Constraint Pressures
Apple shares fell 7.35% to close at $308.91 on January 31, 2026, according to New York Stock Exchange records. The sell-off followed Apple’s earnings report released the previous day, where company executives warned that supply chain constraints would likely limit revenue growth through the July-to-September quarter. That guidance triggered widespread profit-taking and a wave of sell orders that dropped Apple’s market capitalization to $4.54조달러.
Broader Tech Sector Performance on Wall Street
While Apple absorbed heavy losses, the broader technology sector showed resilience during the January 31 session. According to market data providers, major cloud computing providers including Alphabet Inc., Microsoft Corp., and Amazon.com Inc. all posted positive share price gains alongside Nvidia.
Timeline of the Market Cap Shuffle
The exchange at the top of the global market capitalization rankings unfolded rapidly over a four-day span. According to financial market trackers, Apple had captured the number-one spot on January 27, 2026, marking its return to the position after roughly 15 months behind Nvidia. That lead lasted only four sessions before supply warnings erased Apple’s gains and handed the crown back to Nvidia.
Frequently Asked Questions
What caused Apple’s stock drop on January 31, 2026?
According to market reports, Apple shares fell 7.35% after the company issued an earnings forecast warning that supply constraints would limit its revenue growth during the July-to-September quarter.
What is Nvidia’s market capitalization following the rebound?
According to New York Stock Exchange closing data, Nvidia’s market capitalization reached $4.86조달러 on January 31, 2026.
How long did Apple hold the world’s most valuable company title?
According to financial tracking data, Apple held the top spot for just four days after reclaiming it on January 27, 2026, following a 15-month hiatus.
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