News and Commentary

As Earnings Season Continues, Big Tech Rakes In Big Profits

Ben Zeisloft
As Earnings Season Continues, Big Tech Rakes In Big Profits
CHRISTOF STACHE/AFP via Getty Images

Big Tech companies are revealing record profits for the second quarter of 2021.

Over the past weeks, many firms’ earnings significantly surpassed analysts’ predictions — in large part due to the return of consumer demand following COVID-19 and the lockdown-induced recession.

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