Monday, July 27, 2020

Combined market cap of Apple, Facebook, Alphabet, and Amazon is ~$5T, their combined 2019 revenue was ~$773B, and they have a combined cash reserve of ~$420B (Kyle Daly/Axios)

Kyle Daly / Axios:
Combined market cap of Apple, Facebook, Alphabet, and Amazon is ~$5T, their combined 2019 revenue was ~$773B, and they have a combined cash reserve of ~$420B  —  The four Big Tech CEOs who will testify before Congress Wednesday command global empires with power and wealth that make them more like countries than companies.



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...