Yesterday, the four most powerful technology firms in the world ‘pocketed’ $ 200 billion in just a few hours

Tram Ho

Four technology giants have “pocketed” an additional $ 200 billion in market capitalization in just a few hours yesterday after announcing positive business results – exceeding experts’ forecasts. previous analysis.

Closing the session on Thursday, four companies – Apple, Amazon, Alphabet and Facebook – have a total market capitalization of US $ 4.9 trillion. By the beginning of the trading session on Friday, the capitalization of these four companies exceeded the 5.1 trillion USD mark.

 Ngày hôm qua, 4 hãng công nghệ quyền lực nhất thế giới bỏ túi 200 tỷ USD chỉ sau vài giờ - Ảnh 1.

Apple is the best quarterly revenue report in history, helping it add $ 74.4 billion to market capitalization after a few hours of Thursday’s trading. The translation also “pocketed” US $ 74.4 billion. Although Alphabet’s annual revenue report for the first time declined since becoming a public company, Alphabet’s market capitalization also saw an increase of $ 7.6 billion. Facebook reported the slowest revenue growth since its IPO in 2012, but it also added $ 42.6 billion in market capitalization.

The above-mentioned earnings reports came a day after the four CEOs of these companies spent hours answering questions from the US House of Representatives about their power and influence.

However, the hearing was rated by experts as “poor quality” by the awkward, winding, unprofessional replies of 4 CEOs. If Facebook CEO Mark Zuckerberg constantly drinks water, Google’s Sunder Pichai will often ask “answer later” to investigate more questions. Apple CEO Tim Cook was the one with the clearest answers, while Amazon CEO Jeff Bezos witnessed a faulty internet connection for … 90 minutes and almost no reply.

Amazon is under investigation for alleged use of third-party sales data to find new products.

Apple is accused of a “blood-sucking” policy on its app store.

Facebook’s dominance in digital advertising has raised questions about whether it is killing small news companies by sucking their advertising blood and spending money on smaller startups. Become their opponent.

Google is accused of prioritizing its own services in the search results.

According to some analysts, the hearing of four “tech giants” is seen as a move to show that the “legal battle” between the Washington administration and technology firms is increasingly escalating, in the context of the image. The impact of technology firms is growing and can affect many areas, including life and politics.

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Source : Genk