News Formal

Tech Companies Racked Up Over $17 Billion in Losses on Equity Investments in the First Quarter

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Amazon, Uber, Alphabet and Shopify each recorded losses of over $1 billion in the first quarter from their investments in other tech companies.

The technology market's first-quarter plunge produced all sorts of red ink for tech companies that doubled as investors.

Amazon, Uber, Alphabet and Shopify each posted billion-dollar-plus losses on equity investments in the period. Qualcomm, which also recorded a markdown, said"the fair values of these investments have been and may continue to be subject to increased volatility."in the past couple weeks, with first-quarter earnings reports highlighting challenges like inflation, supply chain shortages and the war in Ukraine.

For some tech leaders, the market swoon has created a double whammy. In addition to grappling with their own operating headwinds, they were among the most active investors in other companies during the extended bull market, which hit a wall late last year.Stay informed during the severe weather season with our local news and weather

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 288. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Big tech companies are finally pushing for passwordless sign-inThree big tech companies are finally making a push for passwordless sign-in options. Apple, Google, and Microsoft all plan to roll out FIDO passkey technology in 2022. The three companies announced the push earlier today. Big tech wants to bring passwordless sign-in to the masses this year “In a joint effort to make the web …
ソース: BGR - 🏆 234. / 63 続きを読む »

Tech Companies Are Not Ready for a Post-Roe EraSilicon Valley firms are about to be at the center of the storm around abortion access and reproductive rights. They need to prepare.
ソース: WIREDBusiness - 🏆 68. / 68 続きを読む »

Do Some Tech Companies Have Too Much Influence? - Lessons From the Russia-Ukraine Conflict | HackerNoon'Do Some Tech Companies Have Too Much Influence? - Lessons From the Russia-Ukraine Conflict ' by seriouslyrick technology technologytrends
ソース: hackernoon - 🏆 532. / 51 続きを読む »