APPLE RECLAIMS MOST VALUABLE COMPANY CROWN
■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE
Apple surpassed Nvidia on Friday to become the world's most valuable company, with a market cap of $4.88 trillion versus Nvidia's $4.86 trillion. The shift reflects growing investor skepticism about artificial intelligence's near-term prospects.
■ MORE FROM THE BIG TECH DESK
Roku is now offering free programming created by AI tools, providing a distribution platform for generative content creators. The move marks a significant shift in how streaming services handle algorithmically-produced material.
Apple CEO John Ternus will showcase a foldable iPhone at the company's September 9 product event, marking his first major launch since succeeding Tim Cook. The move signals a strategic pivot toward hardware innovation as smartphone upgrades plateau.
Apple is phasing out multiple devices across its product lineup in 2026 as it advances its operating systems and hardware offerings. The company is discontinuing models across smartphones, smartwatches, displays, and computers.
Apple's upcoming September event is expected to feature multiple product announcements, including a folding phone, but the iPhone 18 may not debut this year—marking an unprecedented break in the company's annual release cycle.