After a four-day drop of 23% in Apple’s stock, Microsoft has once again become the world’s most valuable company. As of trading on April 8, Microsoft’s market capitalization reached $2.64 trillion, compared to Apple’s $2.59 trillion. This information comes from CNBC.

Apple was hit hardest by the recent tariffs imposed by President Donald Trump, largely due to its significant reliance on Chinese suppliers. Overall, the Nasdaq index fell by 13% over four sessions, and UBS forecasts that the price of the iPhone 16 Pro Max in the US could rise by $350 due to the new tariffs.

Not long ago, the combined market capitalization of Apple, Microsoft, and NVIDIA had exceeded $3 trillion, but market downturns have changed that. Although Microsoft issued a weak forecast in January, Jefferies analysts recently identified it as one of the least vulnerable companies to tariff instability.

At the beginning of 2024, Microsoft was already leading in market value, but Apple quickly regained its top position.