Apple briefly reclaims title of world’s most valuable company ...Middle East

NEW YORK: Apple on Wednesday briefly reclaimed its berth as the world’s biggest company when measured by stock price, taking back the top position for a few hours from Microsoft.The iPhone juggernaut is on a Wall Street tear following its announcements of AI features at its annual developers conference on Monday.Apple, which had taken its time to formulate its AI strategy, lost its long-held top spot in January as investors rewarded Microsoft’s unabashed rollout of new generative AI products under its CoPilot brand.For a few hours on Wednesday, Microsoft lost the pole position, but managed to finish the day very narrowly back on top with a valuation of $3.27 trillion. Apple stood at $3.26 tr

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