Friday October 23, 2015

Alphabet, Microsoft, Amazon Give Wall Street Reason To Cheer

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. wink

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.

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