The Dilemma of BigTech Companies: Too Rich to Spend
BigTech companies, such as Apple, Amazon, Microsoft, Alphabet (Google), and Meta (Facebook), are facing a unique problem caused by their immense wealth. These companies currently have a combined cash reserve of $570 billion, significantly surpassing the cash reserves of the five richest non-financial companies on the S&P 500 index. However, their wealth has become a […]
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