Tag: alphabet inc

20 posts

What is happening to shares of Facebook and other IT giants?

On Monday, shares of Facebook, Apple, Amazon, Netflix, Alphabet, and Microsoft plummeted. A hypothetic cause is a rally in the US 10-year bond yield. Apart from that, Facebook had some other reasons. Tech analysis of shares of Facebook, Amazon, and Netflix for 06.10.2021.

S&P 500 Set New Record

US President Joe Biden announced an investment of $2.3 trillion in the national economy. This made the shares of US IT giants grow, pulling market indices after itself. The S&P 500 got over 4,000 points for the first time in history.

IT Giants Grew by 50% during Pandemics

In 2020, the overall yearly income of major IT companies increased by 24% to 1.1 trillion USD, while their market capitalization grew by 50%, reaching 8 trillion USD. As you might have guessed, we’re talking about Apple, Microsoft, Amazon, Alphabet, and Facebook.

Tech Giants Merge with Car Makers

Will the cooperation of Kia Motors with Apple and Ford with Google become financially successful? The South-Korean carmaker will produce pilotless vehicles for Apple, while Ford Motor will install soft- and hardware from Google onboard its cars.

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