Tech giants’ next acquisition could be themselves

📆 28.07.2021 4:01:00
📰 Breakingviews

⏱ Reading Time:
25 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Alphabet, Amazon, Apple, Facebook and Microsoft hold around $600 billion of cash that investors will be keen to see put to work. Doing deals is a tough sell politically, so buying back more shares could be the logical answer, writes GinaChon.

Alphabet on July 27 reported record second-quarter revenue of $61.9 billion, a 62% increase from a year ago. Analysts expected revenue of around $56 billion, according to Refinitiv.

Also that day, Apple said that it had fiscal third-quarter sales of $81.4 billion for the three months that ended on June 26, the highest ever for the equivalent period. Analysts estimated revenue of $73.3 billion. On the same day, Microsoft reported revenue of $46.2 billion for its fourth quarter ending June 30. Analysts expected revenue of $44.2 billion.Employees stack Google products at the Google retail store in the Chelsea neighborhood of New York City, U.S., June 17, 2021.

Написать комментарий

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

The main attractions arrive: Apple, Microsoft, Google, Facebook, Amazon and Tesla headline the biggest week of earningsThe coming week will be the most important of this quarter's earnings season --- even if later weeks beat it on quantity, it will be nearly impossible to top... nice World's first big tech investment products that investors can use to express their conviction on FAANG stocks. Tickers FANG, GFAM, FTNG by GraniteShares
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »