Article 59Q1V Big tech firms add $163bn to market values despite Covid and legal scrutiny

Big tech firms add $163bn to market values despite Covid and legal scrutiny

by
Kari Paul
from Technology | The Guardian on (#59Q1V)

Google, Facebook and Amazon rally in third-quarter earnings reports

Big tech rallied on Thursday in earnings reports, largely shaking off the impacts of recent regulatory hearings and the coronavirus pandemic.

Major tech firms added a combined $163bn to their market capitalizations ahead of the release of their earning reports on Thursday, more than the entire value of McDonald's.

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