Big Tech Giants Get Even Bigger
Tech giants Microsoft (NASDAQ: MSFT), Amazon.com (NASDAQ: AMZN), and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) are all hitting all-time highs this week after reporting spectacular quarterly results.
In this week's episode of Industry Focus: Tech, analysts Dylan Lewis and Evan Niu take a dive into the numbers from Amazon and Microsoft's reports and explain how such massive companies managed to grow their top lines so much this quarter. Listen in to find out how Amazon is competing with Google, and holding its own against them; where and Amazon's ad business fits into the company's strategy; how the LinkedIn acquisition is working out for Microsoft so far; why both companies are so keen to get into the cloud space; and more.
A full transcript follows the video.
Source: Fool.com
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