On July 17, Nvidia's stock fell by 3.2%, further reducing its market value to approximately $4.86 trillion, while Apple's market value rose to about $4.90 trillion due to a recent strong rally. Apple has regained the position of the world's most valuable company. Notably, Apple's cumulative increase since the beginning of the year has reached 22.8%, with an 11.2% rise in the past 20 days, showing a significantly stronger performance than the market; Nvidia has been nearly flat over the past 20 days (-3%), indicating a clear short-term momentum weakness compared to Apple. This marks Apple's return to the top of the global market value rankings after several months. Market analysts point out that Apple's recent surge is boosted by expectations for the implementation of AI features, coupled with continued institutional buying, which has provided ongoing support for its stock price; Nvidia, on the other hand, is facing profit-taking pressure due to its high valuation.