Apple, Facebook, Amazon, and Alphabet Skyrocket by 210 Billion in the Stock Market

Insatiable before their all-time highs and immune to the crisis. Amazon, Apple, Alphabet, and Facebook have presented results for the last quarter (April-June) above forecasts and with strong growth in profits and income in general. Its shares have skyrocketed in the market 'off the clock' to new records. According to this indicative, Apple shoots up 5%; Facebook rises 6.75%; Amazon another 4.8%, while Alphabet (Google) adds another 1%.


Apple, Facebook, Amazon, and Alphabet skyrocket by 210 billion in the stock market


In total, these four companies are revalued by a value of 210,000 million dollars, according to these movements of their shares, which leads them to exceed 5.1 trillion dollars in market capitalization. Apple is the company that raises the most (83,500 million more, to 1.75 billion), followed by Amazon (73,000 million, up to 1.6 billion) and Facebook (44,000 million more, up to 712,700 million). Alphabet, somewhat more moderate in its behavior, only grows by 10 billion, to 1.06 billion.

Manzana

Apple improved its net profit 4% to $ 22.4 billion in the first six months of the year, with sales improving 6% to $ 118 billion, during some of the worst months of the COVID pandemic. -19. In the second quarter of the current year, Apple posted sales revenue of $ 59.7 billion, up 11 percent year-on-year, with a net profit of $ 11.253 billion, 12% more than between April and June 2019. " The record for the quarter ending in June was motivated by double-digit growth in both products and services and in each of our geographic segments, "said the multinational's director, Tim Cook.

Facebook

Facebook announced this Thursday that between January and June it earned 10,081 million dollars, almost double than in the same period of the previous year, with a clear increase in its business despite the crisis caused by the coronavirus pandemic. During the first six months of the year, the most used social network company in the world had a turnover of 36,423 million dollars, compared to the 31,963 million that it had entered in the first half of 2019. In the second quarter, data to which more attention lending investors, Facebook increased its turnover by 11%, to 18,687 million dollars, and had a net profit of 5,178 million dollars, a year-on-year increase of 98%. The results of this second quarter contrast with those of a year ago,

Alphabet

The multinational Alphabet, Google's parent company, announced this Thursday profits of 13,795 million dollars between January and June, which represents a decrease of 16.91% compared to the same period of the previous year. The firm based in Mountain View (California) earned during the first six months of the year 79,456 million dollars, 5.5% more than the 75,283 million invoiced between January and June 2019, and its shareholders received 20.16 dollars for a title, up from 23.91 a year ago. It is the first decline in profits in the history of the company, which occurs with the changes in the market as a result of the coronavirus crisis,

Amazon

The e-commerce multinational Amazon announced this Thursday a profit of 7,778 million dollars in the first half of 2020, 26% more than the same period last year, coinciding with the confinements to contain Covid-19. Between January and June, the company led by businessman Jeff Bezos had a turnover of 164,364 million dollars, which is 33% more compared to the first half of 2019, although at the same time its operating costs also increased by around 33%, up to 154,532 million. Bezos, quoted in a note, noted that sales have continued to increase in a "very unusual" second quarter, noting that about $ 4 billion has been invested in covering costs related to the pandemic to protect both employees and consumers. in "times of high demand".


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