Exxon (XOM +0.2%) again surpasses Apple (AAPL -2.6%) as the world's most valuable company - $417.5B in market cap vs. $412.5B - after the latter's shares slide 14.5% since its earnings report earlier this week. It's a tortoise vs. hare tale: "You have one company that had pretty high expectations for it for the future, and you have Exxon that continues to chip away slow and steady," one analyst sums up.
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