Changxin Technology Soars After IPO, Potentially Becoming an Apple Supplier; Smart Money Predicts Apple to Become the World's Most Valuable Company by the End of the Year

According to PolyBeats monitoring, on the prediction market Polymarket, a smart money has wagered $12.2k on "Will Apple become the largest company by market cap on December 31, 2026?", with an average buy-in probability of 13.1%. The current "Yes" probability stands at 28.1%.

0xf0ca28d5 has wagered $12.2k and is most active in the Financial sector on this market, with a net profit of $93.1k. Out of 145 settled trades in this sector, their win rate is 53/145 (37%), with 27 trades where the buy price was below $0.8 and the sell price was above $0.95. Within a similar cost range ($0.051-$0.2), their median historical investment amount is $801, making this current investment 15.3 times that median.

The Financial Times reported on July 8th that Apple is testing Dram chips from Longsys for devices aimed at the Chinese market. If adopted, this could bolster Apple's supply chain resilience during a period of memory chip shortages.

Currently, Nvidia holds the top market cap position, with Apple in second place. At last Friday's US stock market close, Apple rose by 3.53% with a market cap of around $4.885t, while Nvidia fell by 0.91% with a market cap of around $5.010t. If Nvidia's market cap remains unchanged, Apple would need to rise by about 2.6% to overtake. Apple briefly overtook Nvidia in mid-July, only to be surpassed again later.

Analysts' price targets for Apple diverge significantly: as of July 23rd, the average target price was around $318.81, below the closing price on July 24th; however, JPMorgan raised their target price to $345 on July 7th. On the Nvidia side, Reuters on July 26th, citing the Wall Street Journal, reported that discussions are ongoing for Nvidia to provide around $250b in financing support for OpenAI's Ohio data center project and potential additional chip purchase financing.

Note: Based on their past trading behavior, this trader is not necessarily betting on the outcome but may engage in profit-taking or stop-loss actions after opening a position.

Account:
0xf0ca28d5b0141f0a8e7b251dea80fd881cb166ed

Total Investment: $12.2k
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