Last week the bulk of companies reported their quarterly results. This included mega-cap bellwethers Alphabet (Google), Microsoft, Meta Platforms (Facebook) and Amazon. Ranked by market capitalization, these companies are four of the largest companies in the world. The second largest, which is Apple, reports this Thursday. Given their sheer size and importance to the overall economy, investors, analysts, and economists closely follow these earnings results as a gauge.
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Issue 18: Big Tech Reports
Last week the bulk of companies reported their quarterly results. This included mega-cap bellwethers Alphabet (Google), Microsoft, Meta Platforms (Facebook) and Amazon. Ranked by market capitalization, these companies are four of the largest companies in the world. The second largest, which is Apple, reports this Thursday. Given their sheer size and importance to the overall economy, investors, analysts, and economists closely follow these earnings results as a gauge.
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By Charles Marleau CIM® and William Mitchell CIM®
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By Charles Marleau CIM® and William Mitchell CIM®