Alphabet, Microsoft, Amazon Give Wall Street Reason To Cheer

[HardOCP News]

I recognize Amazon and Microsoft, but who is this Alphabet company they speak of? They must be one of those newfangled start-up companies we're always hearing about.

Google parent Alphabet Inc, Microsoft Corp and Amazon.com Inc made headway in the latest quarter in the areas that will be their main engines of growth for years to come, driving up shares across the tech sector on Friday. Shares of all three surged in early trading, adding more than $120 billion to their combined market value - more than the gross domestic product of Morocco.

 

[heatlesssun]

Microsoft was up 10% today. Google about 8% and Amazon 7%. I would imagine Apple will have so great numbers to announce with the iPhone 6s launch.

 

[dr.kevin]

bull market is back in full swing i see

 

[dbzlotrfan]

Alphabet is the "new parent' company for google (if you didn't know).

 

[Geef]

more than the gross domestic product of Morocco.


I have this strange feeling that a single McDonalds Restaurant probably beats the GDP of Morocco.