Apple overtakes Nvidia to reclaim top market-cap spot; HSBC lifts rating to Buy

1. 1Apple (AAPL) recorded a market capitalization of $4.88 trillion during Friday's morning session, surpassing Nvidia (NVDA) to become the world's most valuable company.
2. 2HSBC raised its Apple price target from $260 to $366 and upgraded its rating to "Buy."
3. 3The Financial Times reported that Apple sent letters to roughly 40 former employees who moved to OpenAI regarding a trade-secrets lawsuit.

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