Prediction Markets Favor Nvidia to Stay on Top Despite Apple's Charge
Prediction markets on Polymarket show a 70% probability that Nvidia will end July 2026 as the world's most valuable company, despite Apple briefly overtaking it during a volatile trading session. Apple, worth about $4.8 trillion, reclaimed the top spot for the first time since April 2025 as Nvidia shares fell nearly 4% amid investor doubts about AI infrastructure spending. Nvidia had led global rankings since June 2025 and became the first company to cross $5 trillion in October. Apple has been the standout Magnificent Seven performer this year, up over 22%, helped by its redesigned Siri voice assistant and relatively light AI spending. The rivalry symbolizes the wider debate over AI valuations, with both companies near the $5 trillion mark.
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