 "Big tech companies show resilience to Covid-19 pandemic, politics")
The world’s largest tech companies notched a blowout third quarter on Thursday, aided by a pandemic that spurred demand for smartphones, e-commerce and cloud computing for at-home workers. Less upbeat was the outlook for the rest of the year.
In a closely watched measure of how four of the five biggest companies in the world are faring, Facebook, Amazon.com, Apple and Alphabet shrugged off fears over regulatory scrutiny and a frothing tech bubble to post earnings for the September quarter that beat projections.
Apple fell 5.22 per cent in intraday trade as of 9 pm (IST). Alphabet was
In a closely watched measure of how four of the five biggest companies in the world are faring, Facebook, Amazon.com, Apple and Alphabet shrugged off fears over regulatory scrutiny and a frothing tech bubble to post earnings for the September quarter that beat projections.
Apple fell 5.22 per cent in intraday trade as of 9 pm (IST). Alphabet was
