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1.Market Observations, 8.Was Sticky

28 Oct 2017 (AFR) – What worries? Big tech thrills investors – Regulators frown on Amazon, Microsoft and Alphabet as big tech investors gush

(28 October 2017, AFR, p27, by Nick Wingfield and Daisuke Wakabayashi)

‘Big technology companies are being dragged in front of Congress to answer tough questions about their impact on the 2016 presidential election, and their market power is under increasing scrutiny. But back on their home turfs, it is business as usual, as earnings reports from Amazon, Microsoft and Alphabet, the parent company of Google, demonstrated overnight. All displayed the kinds of performances that make investors happy: profit surges, big jumps in revenue – sometimes both.’

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