Big Tech surges as reports impress in coronavirus downturn

Big Tech surges as reports impress in coronavirus downturn

Shares of the largest US tech companies Apple , Amazon and Facebook surged in extended trading on Thursday, with Alphabet also climbing. Together, the four companies reported revenue of $206bn and net income of $29bn in the three months ending in late June. In Thursday’s after-hours surge Amazon gained 64% year to date, while Apple was up 29% and Facebook and Alphabet had each risen about 14%.

David
David
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FAKENEWSVOICE 1 weeks

"Everything is going down except us" - "caretakers" of "reality" Desperate liars the lot. Trump 2020

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