After a four-day decline of 23% in Apple stocks, Microsoft has once again emerged as the most valuable company globally. As of trading on April 8, its market capitalization reached $2.64 trillion, while Apple stood at $2.59 trillion. This information is reported by CNBC.

Among tech giants, Apple suffered the most due to its heavy reliance on Chinese suppliers. Overall, the Nasdaq index fell by 13% over four sessions, and UBS predicts that the price of the iPhone 16 Pro Max in the U.S. could increase by $350 due to new tariffs.

Recently, the combined market capitalization of Apple, Microsoft, and NVIDIA exceeded $3 trillion, but the market downturn has altered this scenario. Although Microsoft posted a weak forecast in January, Jefferies analysts recently highlighted it as one of the least vulnerable to tariff instability.

Earlier in 2024, Microsoft was already leading in market value, but Apple quickly regained its top position.