Apple stock record high: a $355.63 close, a new intraday peak on Thursday, and Polymarket odds that it stays the largest company
The record came on a broad tech rebound. TheStreet reported that the Nasdaq rose 1.60% and the S&P 500 1.31% on November 11, led by chip stocks and by CoreWeave, which reported third-quarter revenue up 168% to $3.7 billion and raised its full-year outlook. Apple was up 31.1% for the year at its record, according to TheStreet. That rally came a day after a hot October CPI report pushed Treasury yields higher and revived rate-hike worries, so the move happened in spite of the rate outlook rather than because of it.
What the market is pricing
There is no Kalshi or Polymarket contract on Apple's daily close, but Polymarket lists a largest-company market for each month end and a monthly AAPL price-target market. Prices read through the Polymarket Gamma API at 16:48 UTC on November 12:
| Polymarket contract | Bid | Ask | Last |
|---|---|---|---|
| Largest company end of November: Apple | 95.3% | 95.9% | 97.5% |
| Largest company end of November: Nvidia | 3.4% | 3.8% | 4.3% |
| Largest company end of December: Apple | 84.9% | 86.5% | 85.4% |
| Largest company end of December: Nvidia | 11.0% | 12.0% | 12.0% |
| AAPL hits $360 in November | 86% | 88% | 90% |
| AAPL hits $368 in November | 45% | 53% | 43% |
The December largest-company market is the deeper book, with about $10.6 million traded in total, against roughly $0.36 million for November. The AAPL price-target market is thin, about $47,000 in total volume, so its quotes are wide and should be read loosely. Apple came within 67 cents of $360 at Thursday's high, which is why that contract trades near 87%.
Why Apple overtook Nvidia
Polymarket's own history shows how quickly this changed. Its end-of-August largest-company market resolved toward Nvidia, which traded above 99% near expiry. By November 9, 24/7 Wall St. put Apple at about $5.096 trillion after its first close above $350, with Nvidia second at about $4.31 trillion and Microsoft near $4.05 trillion. The site tied Apple's valuation to the iPhone and services cycle, citing record September-quarter revenue of $114.5 billion, up 12%, and Greater China revenue up 21%.
Nvidia's side of the gap has its own story. TheStreet reported that Nvidia shares fell more than 7% after hours on November 11 following a Wall Street Journal report that the company was preparing to oust chief executive Jensen Huang, after the stock had already lost more than $430 billion in value over two sessions. We covered that market in Jensen Huang resignation odds and the Nvidia board investigation.
The rate backdrop
Apple is rallying into a tightening cycle. On BetG8's Fed rate decision odds page, a 25 bp December 9 hike traded at 90.5% on Polymarket and 89.5% on Kalshi at 16:52 UTC on November 12, and a January 2027 hike at 56.5% and 58.0%. Higher rates usually weigh on richly valued stocks, and MacDailyNews listed Apple's price-to-earnings ratio at 39.6. So far, traders have treated Apple as a quality name that can absorb higher yields, but the next CPI print is a risk to that view.
What to watch next
Watch the December largest-company market rather than the November one: with three weeks left, November is close to settled unless Nvidia rebounds sharply, while December still gives Nvidia an 11% to 12% chance. Any resolution of Nvidia's leadership question could move that price quickly in either direction. For Apple itself, the $360 level is the near-term marker on Polymarket's monthly target market.
Method and limits
AAPL price, intraday high and market value come from Twelve Data at 16:48 UTC on November 12, 2026, during US trading hours, so the price is not a close. The official November 11 close and intraday record are from MacDailyNews. Polymarket prices come from the public Gamma API; event records were last updated at 16:48 UTC. Market values from different outlets use slightly different share counts. Prices are not forecasts by BetG8, and nothing here is investment advice.
LIVE MARKETPro Football 2027 ChampionTrade on Polymarket →Related
- Fed rate decision odds, live on Kalshi and Polymarket
- Jensen Huang resignation odds on Polymarket
- Nvidia board investigation and the stock
- October CPI report: Fed rate hike odds
- Implied probability explained
Frequently asked questions
What was Apple's record closing price?
Apple closed at a record $355.63 on November 11, 2026, up 2.04%, according to MacDailyNews. On November 12 it set a new intraday high of $359.33, according to Twelve Data.
Is Apple the largest company in the world?
By market value, yes, on recent figures. Twelve Data put Apple at about $5.17 trillion on November 12, and 24/7 Wall St. had Nvidia second at about $4.31 trillion on November 9.
What are the odds Apple is the largest company at the end of 2026?
At 16:48 UTC on November 12, Polymarket priced Apple at 84.9% bid and 86.5% ask to be the largest company at the end of December 2026, with Nvidia at 11% to 12%.
Sources
- MacDailyNews, Apple shares hit new all-time intraday and closing highs
- TheStreet, Stock market today, November 11, 2026
- 24/7 Wall St., Apple is above $5 trillion after its first-ever close above $350
- Polymarket, Largest company markets (Gamma API), read 16:48 UTC, November 12, 2026
- BetG8, Fed rate decision odds, live, read 16:52 UTC, November 12, 2026
18+ only. This page reports market prices and published facts; it is not betting, financial or legal advice, and prices are not predictions. If gambling stops being fun, help is available at 1-800-GAMBLER.