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Big Tech Emperors Parade Their Earnings Power – Asharq Al-awsat – English

What timing. On Wednesday, the CEOs of four of the biggest US technology companies downplayed the market power of their respective firms in a landmark antitrust hearing before a House subcommittee. Then just a day later, the same companies posted blo

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What timing. On Wednesday, the CEOs of four of the biggest US technology companies downplayed the market power of their respective firms in a landmark antitrust hearing before a House subcommittee. Then just a day later, the same companies posted blowout earnings that demonstrated why they are the envy of world and the target of scrutiny.
Late Thursday, Apple Inc., Amazon.com Inc., Facebook Inc. and Google parent Alphabet Inc. all reported better-than-expected financial results, with each gener…

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