The $5 Trillion Club: Apple's Rise and Wall Street's Unease with Tech Giants' AI Spending Apple's market value has surpassed $5 trillion, marking its second stint at the top spot.
This achievement is not solely a result of Apple's own financials but also reflects Wall Street's growing unease with the AI spending habits of Google, Microsoft, and others.
Alphabet's recent decision to hike its 2026 capital expenditure forecast by $15 billion has raised red flags among investors.