Apple Edges Past Microsoft to Become Worlds Most Valuable Company Again

Apple once again became the world's most valuable company on Wednesday, dethroning Microsoft from the top spot, as the iPhone maker pushed ahead in a race to dominate artificial intelligence technology.

Apple's shares rose nearly 2% to $211.10, giving it a market valuation of $3.24 trillion. Microsoft's market capitalization stood at $3.23 trillion, falling behind Apple for the first time in five months.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)