At 99% Nvidia, this market is pricing a lead measured in trillions, not a horse race. Nvidia sits around $5.58 trillion, ahead of Apple near $4.70 trillion and Alphabet near $4.10 trillion. Closing a gap that wide inside a handful of trading days would take a move without precedent, so the interesting question is whether Apple's roughly 0.8% or Alphabet's YES is the better cheap lottery ticket rather than whether the leader flips. Nvidia has held the top seat through earnings seasons and drawdowns. It displaced Apple as the world's biggest public company back in 2024. A single catastrophic AI headline is the only realistic path to a surprise here.
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