Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTEbube JonesWed, August 5, 2026 at 3:00 PM GMT+2 5 min readApple Inc logo on Apple store-by PhillDanze via iStockApple (AAPL) ended July with a big milestone. On July 28, Apple briefly touched a $5 trillion market cap before closing at $340.08 per share. That made it the second company after Nvidia Corporation (NVDA) to reach that level. Apple shares rose just 0.24% in the past month and 13.8% for 2026, beating the rest of the "Magnificent Seven." Still, the sharp move may have gone too far, too fast. Apple's 12-day rate of change versus the S&P 500 ETF Trust (SPY) hit roughly 17%, a level that has often been followed by short-term pullbacks.More News from Barchart