Big Tech Continues Its Surge Ahead of the Rest of the Economy
▻https://www.nytimes.com/2020/10/29/technology/apple-alphabet-facebook-amazon-google-earnings.html?campaign_id=158&emc=edi
Amazon, Apple, Facebook and Alphabet reported the latest in a string of enormous quarterly profits on Thursday. While the rest of the U.S. economy languished earlier this year, the tech industry’s biggest companies seemed immune to the downturn, surging as the country worked, learned and shopped from home. On Thursday, as the economy is showing signs of improvement, Amazon, Apple, Alphabet and Facebook reported profits that highlighted how a recovery may provide another catalyst to help (...)
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