Apple shares are on the verge of hitting a record $4 trillion valuation, buoyed by a sharp rise in its price. The company's recent advances in artificial intelligence (AI) and hopes of a recovery in iPhone sales have sparked excitement among investors.

"Apple's approach to $4 trillion market cap is a testament to its enduring dominance in the tech sector. This milestone reinforces Apple's position as a market leader and innovator," said Adam Sarhan, chief executive officer of 50 Park Investments.

Apple Inc. is on the verge of achieving a $4 trillion market valuation, a record-breaking milestone in the tech industry. The surge is fueled by investor confidence in the company’s push into artificial intelligence (AI) and hopes for a revival in iPhone sales.

Apple is closing in on a historic $4 trillion market valuation as investor enthusiasm for its AI strategy and expected iPhone supercycle drive a 16% share surge since November. Apple Nears $4 Trillion Market Cap Amid

Apple is on fire. The company is closing in on a historic $4 trillion valuation, riding a wave of investor excitement over its long-overdue artificial intelligence (AI) upgrades. A 16% stock surge since early November has added $500 billion to its market cap,