What happened: Apple (AAPL) reclaimed the title of the world's most valuable public company from Nvidia (NVDA) as the iPhone maker's stock closed at a record high on Monday. Shares rose over 1%, giving Apple a market capitalization of roughly $4.94 trillion, per Yahoo Finance data. Apple has taken a notably measured approach to capital expenditures. Apple's capital expenditures have decreased over the past three quarters (shown in the yellow bars), according to Yahoo Finance AlphaSpace data. Click here for in-depth analysis of the latest stock market news and events moving stock pricesRead the latest financial and business news from Yahoo Finance