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Powerhouses Facebook, Apple, Microsoft and Google parent Alphabet all reported higher second-quarter 2021 revenues even as they face heightened scrutiny from antitrust regulators for their growing dominance of key economic sectors

Big Tech Booms Even As Lockdown Living Wanes

Powerhouses Facebook, Apple, Microsoft and Google parent Alphabet all reported higher revenues even as they face heightened scrutiny from antitrust regulators for their growing dominance of key economic sectors.
Amazon reported higher profits but shares fell on a disappointing revenue figure in the second quarter of 2021

Amazon Quarterly Profit Jumps But Shares Slide

Amazon chief financial officer Brian Olsavsky said that a reason for missing revenue expectations appeared to be vaccines giving people the confidence to get back into action in the real world.

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