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Giant earnings growth for the world's largest companies

Posted on AllSides July 29th, 2021
From The Left

Never in the history of capitalism have the world's biggest companies grown as fast as the tech giants in recent years.

Why it matters: A series of stunning earnings reports this week — with another one likely to arrive Thursday afternoon, from Amazon — has underscored the astonishing growth among a group of companies that were already some of the most profitable of all time.

The big picture: The standard view from Wall Street to Silicon Valley has always been that fast growth is found in startups, while mature companies provide a much...

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