Posted by on
Categories: Amazon google Microsoft

Technology companies have been dominating the news and investors’ attention, and a series of earnings reports Thursday afternoon showed why. Four of the most valuable tech companies in the world— Inc. #AMZN, +13.22%  , @Google parent company @Alphabet Inc. #GOOGL, +4.26% GOOG, +4.80% , @Microsoft Corp. #MSFT, +6.41% and @Intel Corp. INTC, +7.38% — destroyed expectations for profit and revenue in third-quarter reports Thursday afternoon, collectively bringing in about $2.2 billion more profit and $19 billion more revenue than in the same quarter a year ago. Stock in those four companies jumped across the board in late trading, which would make them worth even more than the combined market cap of nearly $2 trillion they enjoyed at the end of Thursday’s trading session.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.