Update
Intel Crashes, Apple Takes Top Spot
Intel reported a historic single-day crash due to weak PC demand overshadowing strong data center performance. The company's Q4 guidance fell short of expectations, leading to negative cash flow for the year. Apple reclaimed the world's most valuable company title, with a market cap of $5.03 trillion, after overtaking Nvidia. Investors rotated towards tickers with more restrained spending and stronger free cash flow, particularly Apple, whose earnings after the close today will be closely watched for iPhone demand and AI investment pace.