Investing.com -- Apple Inc on Tuesday briefly became the second publicly traded company to ever reach a market capitalization of $5 trillion, second only to Nvidia. Apple's shares reached a session high of $342.89, pushing its market value to $5.036 trillion. The gains have been driven by strong iPhone sales and disciplined capital expenditure. Apple is scheduled to report its third-quarter earnings after the market close on Thursday, July 30. Related articlesApple briefly hits $5 trillion market cap, second ever after NvidiaEssilorLuxottica falls as first-half revenue misses estimatesTD Cowen downgrades Intuit on more negative near-term catalyst path