Big Tech expect solid earning despite politics

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Amazon, Apple, Facebook, Twitter and Google-parent Alphabet are all expected to disclose solid earnings amid the Covid-19 pandemic and despite politics over legal protections and censorship on social media

A powerhouse line-up of earnings releases is expected to show that giants of Big Tech are on firm financial footing despite turbulent politics and the coronavirus pandemic.

Robust financial results expected from the tech behemoths will highlight their "outsized" strength, and put a "bright spotlight" on them in regard to antitrust concerns, Ives added.Alphabet and Facebook dominate the digital ad market, which appeared to be recovering from a hit it took early in the pandemic, according to analysts.

Despite criticisms of online platforms, advertisers seem to prefer proven online venues such as Facebook and Google when it comes to spending marketing money, according to Canaccord.Investors will be interested in Google's cloud business, as well as a recent expansion of its pioneering driverless ride service..

Analysts will be keen to know how Amazon's recent Prime Day sales went, even though the event took place after the end of the third quarter, as well as whether the company's delivery operations were getting back up to speed despite the heavy load.Apple is expected to meet earnings expectations with help of a thriving business selling digital content and services to fans of its mobile devices.

 

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What is mentioned in this article the list of the companies what makes today's USA 🇺🇲 economy.. ps they are all digital services .. we are the algorithm so or similar algorithm us coming soon to us Muslim world for us ND from us to serve us

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