Apple closes above $5 trillion market cap, second company after Nvidia

Apple's market value closed at $5.005 trillion on October 15, 2026, after its shares rose 0.5% to $342.96 while the Nasdaq fell 1.9%. The company becomes the second listed company to close above $5 trillion, following Nvidia. Bloomberg's Mark Gurman reports Apple Intelligence will launch in mainland China with iOS 27.3 in December, without the new Siri AI in the first batch.