[Apple's Stock Reclaims Global Market Cap Lead, Briefly Surpasses $5 Trillion, Up Approximately 25% Year-to-Date] BlockBeats News, July 29: According to BIT (bit.com) market data, Apple's stock price hit an intraday all-time high of $342.89 on Tuesday, with its market capitalization briefly surpassing $5 trillion, making it the second publicly traded company in history to reach this milestone. By the close of trading, Apple was priced at $340.08 per share, with a market cap slightly below $5 trillion, maintaining its position as the world's most valuable company by market capitalization. Year-to-date, Apple's stock has risen approximately 25%, outperforming most major tech stocks. Market analysts believe that investors are reassessing AI investment strategies. Compared to companies like Microsoft, Alphabet, and Amazon, which continue to increase capital expenditures on AI infrastructure, Apple has gained market favor due to its lower capital spending, end-user AI strategy, and service ecosystem advantages. Additionally, Apple recently received approval to collaborate with Alibaba and Baidu to launch Apple Intelligence features in China and introduced the 'Upgrade' hardware leasing program. The market is closely watching Apple's quarterly earnings report, set to be released this week, which will also mark Tim Cook's final earnings call as CEO.